Cpas involved in financial analysis focus on the 10-k for major

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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 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.