ULULUI JUL LIITLICU LJILI UU Teory Consider the following statements: Statement 1. Short-term investments in bonds are always classified as current assets on the investor's balance sheet. Statement 2. When bonds are purchased as long-term investments, they are classified on the balance sheet according to their time to maturity, with most investments maturing beyond 12 months classified as long-term assets. Which of the statements is/are correct? Select one: a. Both statements are correct b. Neither of the statements is correct c. Only statement 1 is correct d. Only statement 2 is correct here to search ORI Op