CPAs involved in financial analysis focus on the 10-K for major companies. Gross profit and inventory valuations play a key role in recognizing the company's financial profile. Choose two of the FAANG stocks:

o Facebook.

o Amazon.

o Apple.

o Netflix.

o Google.

Based upon the most current 10-K report from each company, compare gross profit and ending inventory. Provide an explanation of the role gross profit and inventory turnover play in a company's profitability.