You are a financial consultant who has been asked to analyse the financial statements and annual reports of Apple Inc.Use the published financial data for the past four years of Apple Inc., from the annexes of this exam paper. Compose a thorough analysis of the company's operations and financial performance health. Required: (a) performance evaluation report by analyzing the following performance measures:i.Profitabilityii.Efficiencyiii.Shortterm solvency (liquidity)iv.Longterm solvencyv.Marketbased ratios(b)Suggest recommendations for improving Apple'sbusiness based on your performance evaluation report under (a) above.(c)Recommend one new investment project with cash flows as attached at Annex IIIbelow to Apple Inc. The company wants to expand its business through this investment project. However, it can only capitalize 40% through own capital.i.Indicate whether it is a good idea by using NPV and WACC.ii.Indicate whether the company must use its own available cash from retained earnings or borrow from creditors.(d)Decide whether or not the company should pay dividends out of retained earnings