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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 companys

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 companys financial profile:

  • Based upon the most current 10-K report from Amazon and Apple, compare and contrast gross profit and ending inventory.
  • Explain the role gross profit and inventory turnover play in a companys profitability.
  • Provide support for your rationale.

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