Fill in the blanks with appropriate terms:

The bottom up approachaccentuates the relationship between (A)_____ and OCF. In this approach (B) OCF= _______ + ______.

The top down approach defines operating cashflows as follows: (C) OCF=______ - _______ - _________.

Variable cost are cost htat vary with the level of (D) ______ and are generall assumed to be proportional to the level of (E)_________. Total variable cost equal (F)_____ multiplied by the (G)_______. vThis relationship is summarized algebracially as (H) VC=___________. Costs which do not change over a specified time interval and must e paid regardless of production levels are called (I)________. Total cost fir a given level of output in a given period are defined as the sum of (J)_______ and (K) ________. Algebracially, (L) TC= _____________.