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Q-1: Suppose you are called for an internship position in finance at a reputed company. Before appearing for the interview, the finance director of the

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Q-1: Suppose you are called for an internship position in finance at a reputed company. Before appearing for the interview, the finance director of the company has asked you to do some research on the use of financial leverage in two different industries; one telecommunication and other tourism. What factors would you highlight to the finance director that may cause a difference in the use of financial leverage for these two different industries? What are the general limitations of the excess use of financial leverage? (4 Marks) IEE %

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