8. Please choose the correct answer and give the full clear solution if applicable! (No need for explanations!) Thank you!!

Question 8 10 pts is often referred to as the language of business. [ Select] An investor uses the income statement to determine: [ Select] Marketing Economics none of the choices Finance Accounting Expenses incurred to generate revenues must be recognized in the same period as the revenue: When the company buys and holds its own stock, it is known as [ Select] When a company purchases its own common stock, the effect is: [ Select) Question 8 10 pts is often referred to as the language of business. [ Select ] An investor uses the income statement to determine: [ Select] Expenses incurred to generate revenues must be recognized in the same period as the revenue: Select] none of the choices how much a company has earned for a given period of time. if the company has invested too much cash in current assets. whether the company has enough cash to pay current liabilities. how much a company has earned cumulatively as of a given date [ Select] When the company buys and holds its own stock, it is known as When a company purchases its own common stock, the effect is: [ Select] Question 8 10 pts is often referred to as the language of business. [ Select] An investor uses the income statement to determine: Select) [Select] Expenses incurred to generate revenues must be recognized in the same period as the revenue: When the company buys and holds its own stock, it is known as [ Select] Expense Principle Matching Principle Revenue Principle Historical Cost Principle none of the choices When a company purchases its own common stock, the effect is: Select ] Question 8 10 pts is often referred to as the language of business. (Select] An investor uses the income statement to determine: [ Select] Expenses incurred to generate revenues must be recognized in the same period as the revenue: [ Select] When the company buys and holds its own stock, it is known as [ Select] When a company purchases its own common stock, the effect is: [ Select] contributed capital. treasury stock. common stock. additional-paid-in-capital. none of the choices Question 8 10 pts [ Select] is often referred to as the language of business. [ Select ] An investor uses the income statement to determine: [ Select] Expenses incurred to generate revenues must be recognized in the same period as the revenue: When the company buys and holds its own stock, it is known as [ Select] When a company purchases its own common stock, the effect is: [ Select] [ Select] assets increase and decrease for the same amount. assets increase and shareholder's equity increase. assets increase and liabilities increase. none of the choices assets decrease and shareholder's equity decrease