Using the attached financials determine whether the firm is using an aggressive, moderate, or conservative approach for managing assets and liabilities for both years of data provided. You must show your work and justify your answer. S&P Capital IQ Balance Sheet Balance Sheet as of: Dec-31-2018 Dec-31-2016 USD USD Currency ASSETS Cash And Equivalents 31,750.0 19,334.0 6,647.0 25,981.0 9.500.0 Short Term Investments Total Cash & ST Investments 41,250.0 9,400.0 6,859.0 8,339.0 Accounts Receivable Other Receivables Total Receivables 16,259.0 8,339.0 17.174.0 Inventory Restricted Cash Other Current Assets Total Current Assets 11,461.0 418.0 75,101.0 45,781.0 Gross Property. Plant & Equipment Accumulated Depreciation Net Property, Plant & Equipment 95,770.0 42,441 0 (13,327.0) 29,114.0 (33.973.0) 61,797.0 Long-term Investments Goodwil 223.0 3,784.0 854.0 3,646.0 440.0 14,548.0 Other Intangibles Other Leng-Term Assets Total Assets 4,110.0 6.652 0 (162.648.0 CB3.402.0 LIABILITIES Accounts Payable Accrued Exp 25,309.0 6,139.0 1,066.0 38,192.0 10,738.0 1,371.0 8,131.0 Curr. Port of LT Debt Curr. Port of Cap. Leases 4.144.0 Unearned Revenue, Current Other Current Liabilities Total Current Liabilities 7,168.0 9.336.0 623.0 68,391.0 43,816.0 Long-Term Debt 7,694.0 7,519.0 23.495.0 Capital Leases Uneamed Revenue, Non-Current Def. Tax Liability, Non-Curr. Other Non-Current Liabilities Total Liabilities 16,292.0 392.0 4.696.0 64,117.0 1,490.0 9,431.0 119,099.0 Common Stock Additional Paid In Capital Retained Earnings Treasury Stock Comprehensive Inc. and Other Total Common Equity 5.0 5.0 17.186.0 4,916.0 (1,837.0) (985.0) 19,285.0 26,791.0 19,625.0 (1,837.0) (1,035.0) 43,549.0 Total Equity 19.285.0 43.549.0 Total Liabilities And Equity 83.402.0 162.648.0