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Acutron is a large securities dealer. Last year, the company made 150,000 trades with an average commission of $150. Because of the general economic climate,
Acutron is a large securities dealer. Last year, the company made 150,000 trades with an average commission of $150. Because of the general economic climate, Acutron expects trade volume to decline by 25%. Fortunately, the average commission per trade is likely to increase by 15% because trades are expected to be large in the coming year. What are the estimated commission's revenues for Acutron in the coming year? Multiple Choice $23,906.250 $19.406 250 324,206,250 $18.281250
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