Calculate the financial leverage ratio for a company with total debt of $900,000 and total equity of $450,000. Additionally, compute the ROE for the company with a net income of $135,000. Discuss how financial leverage impacts ROE and the risks associated with high leverage. Analyze the company's capital structure and the potential benefits and drawbacks of increasing or decreasing financial leverage. Consider the impact of economic conditions, such as interest rate fluctuations and market volatility, on the company’s ability to manage its debt obligations. How can the company strategically balance its use of debt and equity to optimize its capital structure and achieve its financial goals? Discuss the role of financial planning and risk management in maintaining a sustainable level of financial leverage.