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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

Yaffe v. American Fixture, Inc., 345 S.W.2d 195 (1961)

Citation
Yaffe v. American Fixture, Inc., 345 S.W.2d 195 (1961)
Parent Document
Yaffe v. American Fixture, Inc., 345 S.W.2d 195 (1961)
Jurisdiction
Missouri (state)
Effective Date
1961-04-10

Full Text

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Fischer said they computed periodically the break-even point, which he said was “the point at which your cost of products sold plus all your expenses of doing business equal the amount of dollars you receive for the merchandise which was sold and shipped to customers.” He also said: “Once you get past that figure, profits mount rather quickly, below that figure they go down more quickly than percentage wise, but not as quickly as profits mount.” Fischer said the sales during July were $213,000, during August $283,000 and during September $270,000. He was then asked: “Q. Based on your experience as .Chief Financial Engineer, under formal operations, what would have been the profits of the American Fixture Company on that volume of sales during those months?” After objections that this called for a conclusion without proper foundation, Fischer *200