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 $ 18,000 12,000 174,000 9,000 Clark $ 44,000 54,000 181,600 54,000 3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.) X Answer is complete but not entirely correct. Average Days in Inventory 365 32 X Lewis 2.8 days Inventory turnover ratio 11.4 365 152 x Clark 63.3 days Inventory turnover ratio 2.4