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You're a financial consultant benchmarking the financial performance of Fortune 500 companies: Company A (Verizon) reported total revenue of $135 billion and net income of

You're a financial consultant benchmarking the financial performance of Fortune 500 companies:

    • Company A (Verizon) reported total revenue of $135 billion and net income of $18 billion in the previous fiscal year.
    • Company B (Bank of America) reported total revenue of $100 billion and net income of $25 billion in the previous fiscal year.
    • Company C (Chevron) reported total revenue of $200 billion and net income of $15 billion in the previous fiscal year.

Requirements:

    • Calculate the profit margin for each company.
    • Assess the liquidity and solvency ratios for each company.
    • Provide insights into the financial health and performance of each company relative to its industry peers.

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