You are a group of financial consultants. Your main task is to help your clients make equity investment decisions. Pick a US listed company and download its recent five years (i.e. 2013-2017 or 2014-2018) annual reports from the company website. You should try to collect as much relevant information about the chosen company as possible and write a report that includes the following sections:

For MICROSOFT CORPORATION, Clearly state your first recommendation and what implications, if any, you think it will have on the following:

- Balance Sheet

- Income Statement

- Cash Flow Statement

- Financial Ratios

You should be specific in the details, and provide quantitative analysis. For example, if you recommended taking on $10,000m of long-term debt, what impact would this have?