Matching-2 points each Match each of the following items (1-6) to the appropriate statement(s) (1-10). Some items will be used more than once. Some items may not be used. 1. Liquidity 4. Leverage 2. Solvency 3. Financial Flexibility 5. Treasury stock 6. Preferred stock 1) Should be examined first, before examining other qualities of a company. 2) The use of 3rd party funds to increase the earnings for the owners 3) can be used as an anti-takeover weapon 4) moves in concert with financial flexibility 5) moves in opposition to solvency 6) is reported as a contra-equity account on the balance sheet 7) is often used as "mezzanine" financing 8) a company's ability to adapt to unforeseen events pent 9) purchase of this is currently being criticized by many politicians. 10) DeGeorge considers this to be one of his favorite assets because the actual value is generally higher than the carrying or book value