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:
• Facebook.
• Amazon.
• Apple.
• Netflix.
• Google.
• Based upon the most current 10-K report from each company, compare and contrast gross profit and ending inventory.
• Explain the role gross profit and inventory turnover play in a company's profitability.
• Provide support for your rationale.