degree of 14. A firm's capital structure that consists of a relatively _proportion of debt will have a relatively financial leverage. a. Small, high. b. Large, high. C. Large, constant. d. Small, constant. 15. If a fundamental analyst believes the economy is contracting and heading toward a recession, which of the following companies will be most attractive? a. A manufacturer of washing machines. b. An auto manufacturer. c. A tobacco company. d. An airline. 16. Which of the following is not one of Porter's five competitive forces used to evaluate the attractiveness of a specific industry? a. Rivalry among present competitors. b. Threat of new entrants. c. Bargaining power of employee unions. d. Substitute products