Which of the following is an example of an e-commerce first mover that failed?

Luanna Inc. manufactures game consoles. Some of the company's data was misplaced. Use the following information to replace the lost data.

ActualResults Flexible BudgetVariance FlexibleBudget SalesVolumeVariance MasterBudgetUnits 1,760 1,700 Revenues$103,840 $1,760U A B Variable costs C $47,600 Fixed costs$20,700 Operating income$44,350 D $25,000 The amount D (to the nearest dollar) is:

A firm's planned purchases for a given month are $30,000 and its purchase commitments are $7,000 . If its merchandise costs as a percent of selling price are .75; its open-to-buy at cost is $17,250

Indicate whether the statement is true or false