On december 15, 2018, rigsby sales co. sold a tract of land that cost $3,600,000 for $4,500,000. rigsby appropriately uses the installment sales method of accounting for this transaction. terms called for a down payment of $500,000 with the balance in two equal annual installments payable on december 15, 2019, and december 15, 2020. ignore interest charges. rigsby has a december 31 year-end. at december 31, 2019, rigsby would report in its balance sheet:
(a)-deferred gross profit of $828,000.
(b)-cost of installment sales $1,472,000.
(c)-realized gross profit of $400,000.
(d)-realized gross profit of $828,000.

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

Which of the following statements is correct? a. two firms with identical sales and operating costs but with different amounts of debt and tax rates will have different operating incomes by definition. b. free cash flow (fcf) is, essentially, the cash flow that is available for interest and dividends after the company has made the investments in current and fixed assets that are necessary to sustain ongoing operations. c. retained earnings as reported on the balance sheet represent cash and, therefore, are available to distribute to stockholders as dividends or any other required cash payments to creditors and suppliers. d. if a firm is reporting its income in accordance with generally accepted accounting principles, then its net income as reported on the income statement should be equal to its free cash flow. e. after-tax operating income is calculated as ebit(1 - t) + depreciation.

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?