Some experts have stated that short-term liabilities are not necessarily short-term as some companies refinance them for longer periods of time, making them due after the next accounting period is over. However, some do not. Based on that information and your thinking and research, respond to all of the following prompts in the class discussion section of your online course:

Some financial experts believe short-term liabilities should be included in the current ratio and others believe it shouldn't. Choose a side and make an argument as to why you chose that side.