The financial statements of two companies are listed below for the recently concluded year 2020....

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The financial statements of two companies are listed below for the recently concluded year 2020. You i following- a) As both the firms are operating in the same industry, find the degree of operating and financial risk analyse the results b) If in the current year (2021) due to Covid-19 the sales are expected to be decline by 30% for both th the impact on both the firms EBIT & EPS. Company X Company Y Rs (Million) Rs (Million) Sales 5000 8000 IVC 3000 4800 Operating FC 1000 2500 Interest 500 ON Tax rate 30% 30% No of shares (No) 200 200

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