The legitimacy of customer orders is established by ________ in Internet-based customer orders

When a merchandiser reduces the number of color offerings for a style in order to increase units in each color to save money, they may risk loss of sales due to limiting variety.

Answer the following statement(s) true (T) or false (F)

The treasurer for Brookdale Clothing must decide how much money the company needs to borrow in July. The balance sheet for June 30, 2014 is presented below:

Brookdale Clothing Balance Sheet June 30, 2014 Cash $75,000 Accounts payable $400,000 Marketable securities 100,000 Long-term debt 300,000 Accounts receivable 300,000 Common stock 100,000 Inventory 250,000 Retained earnings 200,000 Total current assets 725,000 Total liabilities and Fixed assets 275,000 stockholder's equity $1,000,000 Total assets $1,000,000 The company expects sales of $250,000 for July. The company has observed that 25% of its sales is for cash and that the remaining 75% is collected in the following month. The company plans to purchase $400,000 of new clothing. Usually 40% of purchases is for cash and the remaining 60% of purchases is paid in the following month. Salaries are $100,000 per month, lease payments are $50,000 per month, and depreciation charges are $20,000 per month. The company plans to purchase a new building for $200,000 in July and sell its marketable securities for $100,000. If the company must maintain a minimum cash balance of $50,000, how much money must the company borrow in July?