Required information

[The following information applies to the questions displayed below.]

Lewis Incorporated and Clark Enterprises report the following amounts for the year.

		Lewis			Clark
Inventory (beginning)	$	16,000		$	42,000
Inventory (ending)		10,000			52,000
Purchases		146,600			165,400
Purchase returns		7,000			52,000

3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.)

Average Days in Inventory
Lewis			=		days
Clark			=		days