Which of the Following Statements Is True Regarding Multi-National Corporations

question 16

Multiple Choice

Which of the following statements is true regarding multi-national corporations?

• A)Both Exxon Mobil and Hewlett Packard earn roughly 70% of their profits from their overseas operations.
• B)Google currently derives about 95% of its earnings from the U.S.
• C)Wal-Mart earns nearly 50% of its profits outside the U.S.
• D)Coca-Cola has no overseas operations and no earnings outside the U.S.at all

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Definitions:

Fixed Asset

Long-term tangible assets used in the operations of a business that are not expected to be converted to cash within a year, such as machinery, buildings, and equipment.

Market Value

The existing price point for buying or selling an asset or service in the marketplace.

Balance Sheet

A financial report offering an overview of a company's financial situation at a particular moment, detailing assets, liabilities, and the equity of shareholders.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the company's accounts.