DeVry St X Week 5: X M McGraw X M Question X M McGraw X M Question X * Homewc X G WEEK 7 X ACCT 21 x C Chegg 5 X + V X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%... Week 5: Homework Saved Help Save & Exit Submit You received partial credit in the previous attempt. View previous attempt Check my work 6 Required Information Part 2 of 4 [The following information applies to the questions displayed below.] Lewis Incorporated and Clark Enterprises report the following amounts for the year. b points Lewis Clark Inventory (beginning) $ 27,080 $ 53,060 X 04:11:46 Inventory (ending) 21, 980 63,909 Purchases 307, 280 189, 980 Purchase returns 18, 980 63,900 eBook Hint 2. Calculate the inventory turnover ratio for each company. Ask Inventory Turnover Ratio Cost of goods sold 197.200 Lewis 11.6 times Average inventory 7,000 Print Cost of goods sold 32,600 Clark 2.6 times Average inventory $1,000 References Mc Hill 78 Q Search a 8:47 PM Clear 6/24/2023 10