Hory Bookm Window Help 5 Lewis incorporated and Clark Entopressport the following amounth for the year Inventory (egin) Inventory (ending Clark $47.000 256, Required: 1. Calculate cost of goods sold for each company 2. Calculate the inventory turnover ratio for each compony 3. Calculate the average days in inventory for each company 4. Which company appears to be managing its inventory more efficient? Complete this question by entering your answers in the tabs be Calculate cost of goods sold for ach company Save & Exit Sud Check y At Phases La Ph CUT 21.000 12,000 Cost of goods a a #3 E 44 % 95 STY MacBook Pro 66 & 29 7 00 R T Y U D F G X C " > H ' Y 9 0 0 J K L B N M H