3.) What are the criteria for determining long term vs. short term assets? After this has been done, ort what is the resulting financial statement called? Please also provide a good example of a sh term asset or liability and a long term asset or liability. 3.) What are the criteria for determining long term vs. short term assets? After this has been done, what is the resulting financial statement called? Please also provide a good example of a shon term asset or liability and a long term asset or liability