Question 6 (1 point) On February 20th, Puzzle Inc. receives a custom order and the customer pays $500. On March 17th, Puzzle Inc. delivers the custom order to the customer. On February 20th, Puzzle Inc. records O a decrease in cash O an increase in cash. no change in cash. Question 7 (1 point) Saved On February 20th, Puzzle Inc. receives a custom order and the customer pays $500. On March 17th, Puzzle Inc. delivers the custom order to the customer. On March 17th, Puzzle Inc. records O an increase in revenue. O no change in revenue. O a decrease in revenue. Question 8 (1 point) How would making an additional sale before the end of the year effect the inventory turnover ratio (cost of goods sold / average inventory)? Increase Decrease No Change May Increase or Decrease Question 9 (1 point) Slugging Baseball Co. buys and sells baseballs. They employ the weighted average method of inventory valuation. At the beginning of the year, Slugging Baseball Co. had 231 baseballs which had been purchased at $2.00 per baseball. In June. Slugging Baseball Co. bought 351 baseballs for $2.10 per baseball. In September, Slugging Baseball Co. sold 330 baseballs for $7.30 per baseball. In December, Slugging Baseball Co. bought 490 baseballs for $3.30 per baseball. What is the value of the cost of goods sold by Slugging Baseball Co. during the year? Your Answer: Question 10 (1 point) How would purchasing additional inventory inventory at the end of the year to be sold in the next year effect the return on sales ratio (net income / net sales)? Increase Decrease O No Change May Increase or Decrease