Although Transnational Corporations (TNCs) Have Existed for Hundreds of Years

question 51

Multiple Choice

Although transnational corporations (TNCs) have existed for hundreds of years, today's TNCs are different in terms of

• A) pursuing global strategies for production, sales, research, and investment.
• B) targeting only a few regions of the world.
• C) having most of their products manufactured in just a few countries.
• D) remaining politically neutral in most instances.

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Definitions:

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operations.

Accounts Receivable

Represents money owed to a company by customers for products or services sold on credit.

Indirect Method

A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.

Net Income

Represents the total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.