drop down options are the same for Clark and Lewis

Required information The following information applies to the questions displayed below) Part 2 of 4 Lewis Incorporated and Clark Enterprises report the following amounts for the year 11 18 ! 00 6.53 points Clark $ 58,000 Lewis Inventory (beginning) $32,000 Inventory (ending) 26,000 Purchases hases 388,200 Purchase returns 23,000 bu Book 68,000 204,000 68,000 References 2. Calculate the inventory turnover ratio for each company Inventory Turnover Ratio Lewis Clark 6.53 points 2. Calculate the inventory turnover ratio for each company. eBook Inventory Turnover Ratio References Lewis times Show All Items Clark times 365 Accounts payable Average accounts receivable Average inventory 2. Calculate the inventory turnover ratio for each company. Inventory Turnover Ratio Lewis times Show All Items Cash collected Cost of goods sold Clark times Gross profit Inventory turnover ratio Net sales