1.
Degree of total leverage can be applied in measuring change in _________.

2.
Investors can normally afford to assume larger risks in the ____ phase of the life- cycle.

3.
The measure of business risk is __________.

4.
__________ is the most important investment decision because it determines the risk-return characteristics of the portfolio.

5.
The value of EBIT at which EPS is equal to zero is known as ____________.