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Matching (2 points each). Match the followings items (A F) to the appropriate description 11 16 A. Solvency B. Liquidity C. Financial flexibility D. Operating

Matching (2 points each). Match the followings items (A F) to the appropriate description 11 16

A. Solvency B. Liquidity C. Financial flexibility D. Operating capability

E. moral hazard F. transparency

______11) a companys ability to satisfy short-term obligations as they come due

______12) a companys ability to adapt to unforeseen events or opportunities

______13) timely, meaningful and reliable disclosure about a companys performance

______14) a companys ability to satisfy long-term obligations as the come due

______15) a companys ability to continue to operate as they have in the past

______16) results from the agent/principal relationship between managers and owners.

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