Sales revenue for Wholesales ehf is ISK 480,000. Its variable cost is 40% of sales and fixed costs are ISK 80,000.

1. What does the Wholesalers ehf need to sell for great value in order for the business to be in balance (ie where income and expenses are equal)?

2. What is the company's degree of operating leverage, etc. current sales?

3. If Wholesale Sales ehf's sales increase by 10%, how will the results change? Calculate both the percentage change and the change in value.