I need help in these questions, I have only 20 minutes, Please do not put explanation, Just tell me correct answers.

QUESTION 7 Liabilities are generally classified as current or long-term based on their: payment terms amount description O due date QUESTION 9 Assuming Michael Company uses the Direct Method to calculate the Statement of Cash Flow and given the following transactions for Michael Corporation in November 1) Received cash from customers 5240 2) Paid cash to suppliers $24 3) Inwested in Jennifer Co stock for $36 cash 4) issued $300 of par value common stock for cash 5) Pad cash to employees $120 6) Acquired land by issuing common stock at par value of $600 7) Converted $120 in bonds payable to common stock 8) Repaid a $132 note payable due in 5 years 9) Declared and paid a cash dividend of $12 10) Sold a long term investment at cost of $72 for cash What would be Michael's net cash provided (used) in November by financing activities? 5168 5276 Click Save and Submit to