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1. A company with a higher operating leverage would have _____________________fixed costs and ___________________variable costs, resulting in a fairly ___________CM %. An example would be _____________________________________. Higher operating leverage companies also have __________risk if volume decreases and __________ potential reward if volume increases. The opposite is true for companies with fairly __________operating leverage. An example would be __________________________.

2. A company with a lower operating leverage would have _____________________fixed costs and ___________________variable costs, resulting in a fairly ___________CM %.An example would be _____________________________________.Lower operating leverage companies also have __________risk if volume decreases and __________ potential reward if volume increases.

3. When companies have many products, there is no one unique _________________; Rather, the _______________________is heavily influenced by the assumed ___________________________________________..