User Account

All Pages

Estimate svi commission revenues for the coming year

Assignment Help Accounting Basics
Reference no: EM13677290

Estimate Sales Revenues (LO 13-3)
SVI is a large securities dealer. Last year, the company made 570,000 trades with an average commission of $25. Because of the general economic climate, SVI expects trade volume to decline by 10 percent. In addition, employees at a local manufacturing plant have historically constituted 10 percent of SVI's volume. The plant just closed and all employees have closed their accounts.
Offsetting these factors is the observation that the average commission per trade is likely to increase by 15 percent because trades are expected to be larger in the coming year.

Required:
Estimate SVI's commission revenues for the coming year.

Reference no: EM13677290

Questions Cloud

A hollow metal sphere has inner and outer radii : A hollow metal sphere has inner and outer radii of 6cm and 10cm. A point charge is located at the center of the sphere. The surface charge density on the inside surface is -100 nC/m^2. The surface density on the outer surface is +100nC/m^2.
Explain in the straight-line method pleases : Explain in the straight-line method pleases?
What is the flux during a gaussian surface that includes : A dipole has two charges of .25C and -.25C. What is the flux during a Gaussian surface that includes?
Discover the electric field a distance r from the rod : An in finely long thing rod has positive charge uniformly distributed along it. The charge per unit length is lambda. Discover the electric field a distance r from the rod.
Estimate svi commission revenues for the coming year : Estimate SVI's commission revenues for the coming year.
Blue ball is thrown upward with an initial speed : A blue ball is thrown upward with an initial speed of 22.2 m/s, from a height of 0.6 meters above the ground. 2.7 seconds after the blue ball is thrown, a red ball is thrown down with an initial speed of 6 m/s from a height of 26.7 meters above the g..
What is the amount of the advances on subscriptions : What is the amount of the advances on subscriptions
What is the index of refraction of the coating : A fibre optic cable or "light pipe" consists of a central strand of material surrounded with an outer coating. The interior portion of the pipe has an index of refraction of 1.55. If all rays stricking the interior walls of the pipe by incident angle..
Where do the proton and electron pass each other : Two capacitor plates are equally and oppositely charged. They are separated by 1.4cm. An electron is released from rest at the surface of the negative plate and, at the same time, a proton is released from rest at the surface of the positive plate.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd