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Tom Is on Trial for Robbery

question 18

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Tom is on trial for robbery. The prosecution called two witnesses:
· Karen testified that she was on duty as a cashier at a Hamburger Haven, a drive-thru fast food restaurant, when Robbie drove up to her window. She claimed he aimed a large gun in her face and demanded all the money in the cash drawer. Karen testified that she fainted and when she awoke the police told her that someone took all the money.
· Lonnie testified that he was at the grill preparing burgers and fries when he heard a man say something about money and Karen screaming. When he looked up, he saw what he believed was a blue Ford driving away. He said that the car "laid rubber" going around the curve in the exit drive-way. Should Lonnie be allowed to testify about how fast the blue Ford was driving?


Definitions:

EBIT

A gauge of company profits, Earnings Before Interest and Taxes, leaves out the charges for interest and taxes to show raw earnings.

Sales

The transactions involved in selling goods or services in the normal course of business, generating revenue for the company.

DOL

Degree of Operating Leverage; a measure of a company's fixed costs as a percentage of its total costs, indicating how earnings before interest and taxes (EBIT) change in response to a change in sales volume.

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.

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