Chapter 13 Crossword

refers to the phenomenon whereby a small change in sales triggers a relatively large change in operating income
Calculating the Degree of Operating Leverage
the percentage of change in earnings before interest and taxes
the Effect of Fixed Costs on DOL
Alternate Method of Changing DOL
degree of combined leverage
those costs that do not vary with the company's level of production
those costs that change as the company's production level changes
he level of sales that a firm must reach to cover its operating costs
interest expense
Variable cost per unit
units
modigliani and miller
leveraged buyout
shows that debt capital has a lower cost in equity capital
what causes the WACC to increase
weighted average cost of capital
the contract between the issuing corporation and the bonds purchaser
a security that represents a promise by the issuing corporation to make certain payments to the owner
pay off bonds according to a staggered maturity schedule
allows the issuing corporation to pay off the bonds before they stated maturity date at some stated price
used to buy back outstanding bonds
a bond that has security provision in the indenture
excess of the call price over the face value
a later lender