Match the following: Descriptions 1) Having sufficient cash (or other assets convertible to cash in a relatively short time) to pay currently maturing debts. 2) Accounting choices that result in reporting lower income, lower assets, and higher liabilities. 3) The sale or disposal of most long-term assets. 4) Accounting choices that result in reporting higher income, higher assets, and lower liabilities. 5) A tool to analyze trends in financial statement data for a single company over time. 6) The sale or disposal of a significant component of a company's operations. 7) A means to express each item in a financial statement as a percentage of a base amount measured in the same period. 8) A company's ability to pay its current and long-term liabilities. Terms

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