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Company A and Company B are competitors in the fashion industry. Both companies have faced significant competition over recent years. Their financial data are as

Company A and Company B are competitors in the fashion industry. Both companies have faced significant competition over recent years. Their financial data are as follows: Company A Company B Profit Before Interest and Tax (PBIT) 120,000,000 120,000,000 Finance Charges 80,000,000 15,000,000 Using the provided financial data, assess the impact of financial leverage on the financial risk of each company. Your analysis should include: 1. A brief explanation of financial leverage and how it can affect a compan

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