The Edcon Group is leading clothing, footwear and textile retailing group in Southern Africa with well-known shops such as Edgars, Jet and CAN. The group has a long history and the first Edgars store opened in Johannesburg in 1929. Over the decades, it has brought innovations into the regional market . These include being the first store to offer many international and national clothing, accessories, and cosmetic brands under one roof. The group has however been facing financial distress for some time and in recent years has closed around 150 stores within the group. Ignoring the signs of financial distress can be devastating for any company. Required, A) What are the direct and indirect costs of financial distress? Discuss the nature of these costs and how they affect the company, giving examples where possible. (15 marks) B) Discuss how a company can get out of financial distress