Match the following answers with the correct prompts Prompts Submitted Answers Principle stating revenues are recorded in the period earned, not necessarily in the period money is collected Choose a match Choose a match Principle requiring expenses be recorded in the period they help to generate revenues Choose a match A high ratio indicates a low-cost, high-volume business strategy Choose a match This ratio can be broken down into profitability and productivity Choose a match How effectively a company can generate net income from net sales 5 Points Question 7 Explain how the purchase of treasury stock affects each of the following items Cash Asset Turnover AROA Match the following answers with the correct prompts Prompts Submitted Answers Principle stating revenues are recorded in the period earned, not necessarily in the period money is collected Choose a match Choose a match Principle requiring expenses be recorded in the period they help to generate revenues Choose a match A high ratio indicates a low-cost, high-volume business strategy Choose a match This ratio can be broken down into profitability and productivity Choose a match How effectively a company can generate net income from net sales 5 Points Question 7 Explain how the purchase of treasury stock affects each of the following items Cash Asset Turnover AROA