Matching: The above 3 companies sell unique, vintage furniture. None of them pay a dividend. Unique furniture pieces cannot easily be turned into cash, especially vintage furniture. If one of these companies faces a liquidity crisis, it cannot rely on inventory to help make ends meet. Keep that in mind when thinking about liquidity. Match companies in the description with the above 3 companies, A, B or C. 11. Company 1: This company possibly is in the best solvency situation but likely is in the worst liquidity situation. Company 1 is: A. Company A B. Company B C. Company C

12. Company 2: This company sells furniture on consignment and was the most profitable (GAAP-basis) in 2021. Company 2 is: A. Company A B. Company B C. Company C 13. Company 3: This company was the least profitable in 2021 but had the best cashflow. Company 3 is: A. Company A B. Company B C. Company C`

COMPANY A \begin{tabular}{|l|r|r|} \hline Year End Balance Sheet & 2020 & 2021 \\ \hline Cash & $173,597 & $115,000 \\ \hline Accounts Receivable & $132,458 & $120,087 \\ \hline Inventory & $21,033 & $31,526 \\ \hline Current Assets & $327,088 & $266,613 \\ \hline Plant, property \& equipment & $6,202,000 & $6,264,020 \\ \hline ASSETS & $6,529,088 & $6,530,633 \\ \hline accounts payable & $915,757 & $852,929 \\ \hline debt & 3,816,045 & $,816,045 \\ \hline LIABILITIES & $4,731,802 & $4,668,974 \\ \hline Shareholder Equity & $1,797,286 & $1,861,659 \\ \hline \end{tabular} COMPANY B COMPANY C \begin{tabular}{|l|r|r|} \hline Year End Balance Sheet & 2020 & 2021 \\ \hline Cash & $173,597 & $90,295 \\ \hline Accounts Receivable & $141,258 & $109,045 \\ \hline Inventory & $610,725 & $586,515 \\ \hline Current Assets & $925,580 & $785,855 \\ \hline Plant, property \& equipment & $9,546,544 & $9,642,009 \\ \hline ASSETS & $10,472,124 & $10,427,864 \\ \hline accounts payable & $915,757 & $1,067,369 \\ \hline debt & 3,816,045 & $,785,455 \\ \hline LIABILITIES & $4,731,802 & $4,852,824 \\ \hline Shareholder Equity & $5,740,322 & $5,575,040 \\ \hline \end{tabular}