4. Which company appears to be managing its inventory more efficiently?

• Lewis Incorporated

• Clark Enterprises

Required information [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 $ 15,000 9.000 133,200 6,000 Clark $ 41,000 51,000 157,600 51,000 3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.) Average Days in Inventory Lewis days Clark days