To increase their own profits. <span>Increasing company’s profit is one of
the main goals of the corporations and also of its shareholders. This is because
a company is made to accumulate wealth of everyone who invested in it. This is
also one way company can continue their operation, since profit is the
bloodline of every businesses.</span>
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The answer is D (energy from the environment fuels production)
Based on the information given the appropriate journal entry to record the redemption of the bonds is:
Casey Company Journal entry
June 30, 2021
Debit Bonds payable $500,000
Debit Premium on bonds payable $8,000
($508,000-$500.000)
Credit Gain on bond redemption $28,000
($508,000 - $480,000)
Credit Cash $480,000
($500,000 x 96%)
(To record redemption of the bonds)
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Answer:
Falling long-run average cost curve
Explanation:
When a firm encounters economies of scale, which means they are producing the maximum amount of product. When a firm experiences economies of scale, they might have to add more output to generate the input. Sometimes, doubling an input required more than doubling the output that leads to failing long-run average cost curve. The best way to encounter this problem is to find a low-cost method to manufacture goods and services.
