Publicly held corporations are corporations run by the government

Which of the following statements concerning net income versus cash flow is most correct?

a. Net income is a rough measure of a business's cash flow. b. Net income can be converted into a rough measure of cash flow by adding noncash expenses, typically depreciation. c. Net income can be converted into a rough measure of cash flow by adding nonoperating income. d. Net income can be converted into a rough measure of cash flow by adding the provision for bad debts. e. None of the above statements are correct.

Which of the following is true about typical MNCs?

A. Most MNCs are said to be stateless. B. Corporations are formed under international incorporation laws. C. They remain national rather than international. D. MNCs have become too transnational.