can someone please explain the answers of 9, 10, and 11 in detail

Your Correct Owners' equity Answer Answer A corporation has total liabilities of $300 million, total owners' equity of $100 million, and current assets of $50 million. What is the value of the firm's long-term assets? Your Correct $250 million Answer Answer $350 million ~ $400 million $450 million 10. Which situation should result in revenue recognition on the income statement for the year ending 12/31/14 if the firm is using accrual-basis accounting? Your Correc Answer Answ In 2014, a company enters into a contract whereby it agrees to provide services to a customer next year (2015). In 2014, a company collects cash from a customer for services it will provide next year (2015). In 2014, a company provides services to a customer for which cash will be collected the next year (2015). In 2014, a company collects cash from a customer for services it provided in the previous year (2013). 11. Which category on the statement of cash flows summarizes cash receipts and payments t owners and creditors of the company? Your Correct Answer Answer Cash flows from investing activities Cash flows from operating activities Cash flows from business activities Cash flows from financing activities