Please answer all questions for an upvote, thank you!

1. List and discuss types of information in a corporation's annual report. 2. Explain what a balance sheet is, the information it provides, and how assets and claim on assets are arranged on a balance sheet. 3, Explain what an income statement is and the information it provides. 4. Specify the changes reported in the firm's statement of retained earnings. 5. Distinguish the differences between accounting profit, net cash flows, and operating cash flow. 6. Identify the purpose of the statement of cash flows and list the factors that are reflected in this statement. 7. Explain why financial managers must be concerned with taxation, and list some of the most elements of the current tax law