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In: AccountingAnnual Report Assignment:Select an annual report, review the financial statementsand related notes and answer...Annual Report Assignment:Select an annual report, review the financial statementsand related notes and answer the following questions.1.Name of Company2.Describe the company you haveselected and identify the company type, i.e. Service firm,merchandiser, manufacturer, etc.3.What is the company’s year-end andwas it profitable in the most recent fiscal year?4.Based on your review of the financialstatements and the related notes to the financial statements wereall of your questions about the company answered? Would you investin the company? Why or why not?5.Who were the company’s independentaccountants? What was the auditor’s opinion of the auditedfinancial statements? Restate their opinion. What doesit say about the quality of the financial statements and thecompany’s system of Internal controls?