1. Fill in the missing values in the income statements of 2021 and 2022.
2. Calculate Soccer Internationals breakeven point in sales units for 2021 and 2022.
3. Calculate the breakeven point in dollar sales for 2021 and for 2022.
4. How many soccer balls need to be sold to have an operating income of $200,000 in 2021?
5. What is the operating profit (loss) if the company sells (i) 18,000 and (ii) 24,000 balls in 2021?
6. Calculate the degree of operating leverage for 2021 and for 2022.
7. Calculate the degree of financial leverage for 2021 and for 2022.
8. Calculate the degree of combined leverage for 2021 and for 2022.
9. If sales revenue is expected to increase by 10 percent in 2022, calculate the percentage increase in EBIT and the dollar amount of EBIT for 2022.

Soccer Interational, Inc., produces and sells soccer balls. Partial information from the income statements for 2021 and 2022 follows. Soccer International, Inc., Income Statement 2021 $560,000 240,000 160,000 2022 $616,000 264.000 160,000 Sales Revenue Variable Costs Fixed Costs EBIT Interest Expense EBT Income Taxes (30%) Net Income 40.000 40.000