· Period 1 Balance Sheet (Dec 31, 2022):

• Current Assets: $150,000
• Current Liabilities: $80,000

· Period 2 Balance Sheet (Dec 31, 2023):

• Current Assets: $180,000
• Current Liabilities: $100,000

·Assess Short-term Investments: Requirements:

• Examine the balance sheet for any short-term investments held by the company.
• Discuss the types of short-term investments commonly held by companies and their purposes.
• Analyze the liquidity and risk characteristics of short-term investments and their impact on the company's financial position.