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Warner Bros. Income Statement FY 2 0 2 2 Revenue 6 9 , 5 7 0 , 0 0 0 Cost of Revenue 4 2

Warner Bros. Income Statement FY 2022
Revenue 69,570,000
Cost of Revenue 42,018,000
Gross Profit 27,552,000
Operating Expense 15,701,000
Operating Income 11,851,000
Interest Expense 978,000
Taxes 6,102,000
Net Income 11,054,000
From the Balance Sheet
Common Stock 93,000,000
Retained Earnings 889,000
Prime Video (Amazon) Income Statement FY 2022
Revenue 20,156,447
Cost of Revenue 12,440,213
Gross profit 7,716,234
Operating Expense 5,111,980
Operating Income 2,604,254
Interest Expense 488,878
Taxes 195,315
Net Income 2,115,760
From the Balance sheet
Shareholders" Equity 5,000,000
Retained Earnings 149,419
Assess the long-term solvency of the two companies from the income statement and the abstract of the balance sheet given above. Which company is more solvent?

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