7 Required information [The following information applies to the questions displayed below.] Part 3 of 4 Lewis Incorporated and Clark Enterprises report the following amounts for the year. 6 points Inventory (beginning) Inventory (ending) Purchases Purchase returns Lewis $ 20,000 14,000 202,200 11,000 Clark $ 46,000 56,000 198,600 56,000 3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.) Answer is complete but not entirely correct. Average Days in Inventory 365 365 Inventory turnover ratio 11.3 X Lewis 32.3 days 365 365 Clark O 158.7 days Inventory turnover ratio 2.3 X