Which of the following statements about short-term obligations that are expected to be refinanced is true? Multiple Choice Short-term obligations that are expected to be refinanced on a long term basis must be reported as current labies Short term obligations that are expected to be refinanced on a long term basis can be reported on noncurrent abilities, only if the company intends to refinance on a long-term basis Short term obligations that are expected to be retranced on a fong term basis can be reported as noncurrent bites only if the company Intends to retinence on a long term basis and the company has actually demonstrated the ability to refinance on a long term bass The ability to refinance on a long term basis can be demonstrated by other an existing refinancing agreement or actual financing or to the date of the balance sheet