Assume you are going to hire three new people for the department store you manage. One person will sell shoes, one will manage the toy department, and one will work in the stockroom. Identify the basic characteristics you want in each of the people to achieve a good person-job fit.

Producers can create their maximum combination of goods, s long as what?

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c. prepaidrent. onseptember1ofthecurrentyear, thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.