janessa0804
29.11.2021 •
Business
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Lewis Incorporated and Clark Enterprises report the following amounts for the year.
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
3. Calculate the average days in inventory for each company. (Round your intermediate calculations to 1 decimal place.)
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