2. calculate the inventory turnover ratio for each company

3. caluculate the average days in inventory for each company

Check my work Required information Exercise 6-15A Calculate cost of goods sold, the inventory turnover ratio, and average days in inventory (O62, 6 7) The following information applies to the questions displayed below) Lewis Incorporated and Clark Enterprises report the following amounts for the year. Inventory beginning) Inventory (ending) Purchases Purchase returns Lewis $ 32,000 26.000 358,200 23,000 Clark $ 55,800 68,000 204,000 68,000 Exercise 6-15A Part 2 2. Calculate the inventory turnover ratio for each company Inventory Tower Ratio Olmes Clan