1. ____________ refers to the incurrence of fixed operating costs in the firm’s income statement. It is a measure of________________ . 2. The higher the_________________ , the higher the financial...

1. ____________ refers to the incurrence of fixed operating costs in the firm’s income statement. It is a measure of________________ .

2. The higher the_________________ , the higher the financial risk, and the higher the ___________.

3. The____________ is the level of _____________at which no profit or loss results.

4. To find the _______________, noncash charges such as ____________must be subtracted from total fixed operating costs.