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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?
martinez companys relevant range of production is 8500 units to 13500 units. when it produces and sells 11000 units its
Financial Statements of ABC Corp. indicates that ending inventory levels in 2010 and 2011 were $200,000 and $350,000 respectively. Net Sales for 2010 and 2011 were $5,000,000 and $5,500,000 respectively. Cost of Goods sold for 2010 and 2011 were $..
Discuss the challenges related to comparing financial statement prepared in different accounting methods. For example, US GAAP and IFRS.
Answer the following questions for both sole traders and companies: (a) Is there any statutory regulation governing them?
Airvalue Airways is a regional carrier whose strategy is to expand gradually as they can identify routes that offer an attractive return on the investment necessary to support successful coverage of the route
The problem belongs to Basic Accounting and it explanation about calculation of activity rate for processing activity cost pool
The direct method might be easier to understand but it is also more expensive and more time consuming for the company why is that? and Whats the best method to use for businesses?
examine the following list of accountsnote payableaccumulated depreciation buildingalex kenzy drawingaccounts
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mike purchased a heavy-duty truck five yearclass recovery property for his delivery service on april 302008. the truck
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