The Balance Sheet for Delta Air Lines, Inc., is shown below. Use this and the information about the Classified Balance Sheet on pages 4-4 and 4-5 to answer the following 5 questions worth 3 points each. 1. From our text, what three activities are included in the operating cycle of a service business? B. C. ABC 2. We learned in Chapter 4 that assets are shown in order of liquidity. From our text, what does liquidity measure? 3. Delta separates Current Assets from Long-term Assets as discussed in our text. What distinguishes a long-term asset from a current asset? 4. An obligation is another word for a liability. Does the liability for the fuel cards need to be paid within the current year or operating cycle? How do you know? 5. For December 31, 2021, does Delta have more debt due within the current year, or after the current year?