Match the following terms with the definitions. The availability of resources to meet short-term obligations and to efficiently generate revenues. Market prospects A company's ability to generate future revenues and meet long-term obligations. Financial statement analysis The application of analytical tools to general-purpose financial statements and related data for making business decisions. Debt to equity ratio A measure of solvency presented as the ratio of total liabilities to total equity. Comparative financial statement The comparison of a company's financial condition and performance to a base amount. Common-size financial statement A statement with data for two or more successive accounting periods placed in side-by-side columns, often with changes shown in dollar amounts and percentages. Vertical analysis A company's ability to generate positive market expectations. Horizontal analysis A company's ability to provide financial rewards sufficient to attract and retain capital. Solvency A statement where each amount is expressed as a percent of a base amount to reveal the relative importance of each financial statement item. Liquidity and efficiency Walter Products and Sandburg Industries report the following information at December 31 Required: Which company is a manufacturer? Explain. Prepare the Current Asset Section of the Balance Sheet for the manufacturer