Lewis Incorpated and Clark enterprises report the following amounts for the year

Lewis Incorporated and Clark Enterprises report the following amounts for the year. Lewis Inventory (beginning) $ 21,000 Inventory (ending) 15,000 Purchases 216,600 Purchase returns 12,000 Clark $ 47,000 57,000 207,400 57,000 2. Calculate the inventory turnover ratio for each company Inventory Turnover Ratio times PO 9 10 11 of 11 Next > Lewis Incorporated and Clark Enterprises report the following amounts for the year. Inventory (beginning) $21,800 Inventory (ending) 15,000 Purchases 216,600 Purchase returns 12,000 Clark $ 47,000 57,000 207,400 57,000 3. Calculate the average days in inventory for each company. (Round your intermediate calculation Average Days in Inven Lewis Clark 109 of 11 Next > Saved Required information [The following information applies to the questions displayed below.] Lewis Incorporated and Clark Enterprises report the following amounts for the yea Lewis Clark Inventory (beginning) $ 21,000 $ 47,000 Inventory (ending) 15,000 57,000 Purchases 216,600 207,400 Purchase returns 12,000 57,000 4. Which company appears to be managing its inventory more efficiently? Lewis Incorporated Clark Enterprises