Explain the differences between liquidity, profitability, and solvency — ensure to include which type of and how the organization is able to accomplish each of these components.

Explain the differences between liquidity, profitability, and solvency — ensure to include which type of and how the organization is able to accomplish each of these components.  Explain the strategies governments and non-profits employ to improve their solvency.   Contrast short-term against long-term solvency for governments and non-profits — ensure to include advantages and disadvantages.