You are a senior financial consultant for 123 Corporation. Your CEO has asked that you train incoming consultants on financial management and risks. You develop a lesson plan comparing financial risks...

FINA412-1201B-01 Risk ManagementAssignment Name:Unit 1 Discussion BoardDeliverable Length:250–300 wordsDetails:You are a senior financial consultant for 123 Corporation. Your CEO has asked that you train incoming consultants on financial management and risks. You develop a lesson plan comparing financial risks of a popular retail clothing company and a utility company to help the trainees better understand risk management. Discuss the differences in risks associated with a retail clothing company versus a utility company. Which company has the potential for higher risk? Identify at least 3 sources of risk. Compare stability and variability in earnings, as well as the optimal debt ratio between the two—which company has the highest, and which has the lowest? Explain your rationale for each of your answers.Grading Criteria40%Discuss the differences in risks associated with a retail clothing company versus a utility company.  15% Which company has the potential for higher risk?  5% Identify at least three (3) sources of risk. 10% Explain each of your answers. 10%20%Compare stability and variability in earnings between the two companies.15% Compare the optimal debt ratio between the two companies; which has the highest, and which has the lowest?15% Explain each of your answers.10%20%Post a response to the Discussion Board and comment on at least two other postings Objective:? Identify the three main sources of financial risk