All of the following are true about click fraud except:
a. Click fraud occurs when a company maliciously clicks on a competitor's sponsored ad to exhaust the competitor's budget
b. Click fraud occurs when a website owner clicks on a contextual ad on one of its own pages repeatedly
c. No solution exists to prevent click fraud
d. Search engines provide credit to advertisers when this is detected
e. None of the above
c
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To receive a patent, the invention must be novel, useful, and nonobvious
Indicate whether the statement is true or false
Your company is considering the replacement of an old delivery van with a new one that is more
efficient. The old van cost $40,000 when it was purchased 5 years ago. The old van is being depreciated using the simplified straight-line method over a useful life of 8 years. The old van could be sold today for $7,000. The new van has an invoice price of $80,000, and it will cost $6,000 to modify the van to carry the company's products. Cost savings from use of the new van are expected to be $28,000 per year for 5 years, at which time the van will be sold for its estimated salvage value of $18,000. The new van will be depreciated using the simplified straight-line method over its 5-year useful life. The company's tax rate is 35%. Working capital is expected to increase by $5,000 at the inception of the project, but this amount will be recaptured at the end of year five. What is the incremental free cash flow for year one? A) $24,220 B) $22,305 C) $18,875 D) $19,985