Which of the following is the most important ingredient of, Financial Management

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Which of the following is the most important ingredient of

1. The percentage change in earnings before interest and tax (EBIT) associated with a given percentage change in sales is known as the _____.?

a. ?degree of combined leverage

b. ?degree of operating leverage

c. ?degree of total leverage

d. ?degree of financial leverage

e. ?degree of contribution margin leverage

2. Which of the following is the most important ingredient of the financial planning process of a firm??

a. ?Capital requirements forecast

b. ?External financing forecast

c. ?Expense forecast

d. ?Internal fund generation forecast

e. ?Sales forecast

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