What are the estimated commissions revenues for trs in the


1. TRS is a large securities dealer. Last year, the company made 90,000 trades with an average commission of $90. Because of the general economic climate, TRS expects trade volume to decline by 10%. Fortunately, the average commission per trade is likely to increase by 10% because trades are expected to be large in the coming year. What are the estimated commission's revenues for TRS in the coming year? 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What are the estimated commissions revenues for trs in the
Reference No:- TGS01371091

Expected delivery within 24 Hours