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ALL Chapter Homewor Chcemy war 17 Required information The following information applies to the questions displayed below! Part 2014 Lewis Incorporated and Clark Enterprises report the following amounts for the year 5 Inventory Twentory (edit Parcs Purchase re 513,000 46,00 12.10 54.000 114.000 19.00 2. Calculate the inventory turnover ratio for each company Invesy Turner Le Car 17 M Check my work 17 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 Levis Clark Inventory beginning) $ 16,000 44,000 Inventory (ending) 12,000 54,000 Purchase 174,000 181,600 Purchase returns 9.000 54,000 5 point spoed Box 2. Calculate the inventory turnover ratio for each company Hint Print Inventory Turnover Ratio Roteronicas times Lewis times Clark 17 S 18 Prey 19 of 19 Next > HIE Check my wore 18 The following information applies to the questions displayed below! Part 3 of 4 22 Lewis Incorporated and Clark Enterprises report the following amounts for the year) clark Inventory beginning $18,000 $ 14,000 Inventory (ending 12,000 54.000 Parehanen 174,000 111,600 Purchase returns 9,000 54,000 3 points 1231 Speed Book Hint 3. Calculate the average days in inventory for each company. (Round your intrmediate calculations to 1 decimal place) Average Days in Inventory References Lewis day - days Clark MC Prey 18 19 of 19 Next > ACC 101 Chapter 6 Homework OP . 19 Required information Part 4 of 4 [The following information applies to the questions displayed below! Lewis Incorporated and Clark Enterprises report the following amounts for the year 1 point Levi 18.000 12.000 174.000 9.000 Inventory beginning Tnventory (ending purchases Purchase returne Clark 44,000 54.000 101,600 54.000 - mence 4. Which company appears to be managing its inventory more efficiently? Lewis Incorporated Clark Enterprises 19 of 19

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