Carla's Fashions has an average days' in receivable of 30 days. You could infer that Carla's:

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Quizplus · Accepted Answer

An average days' in receivable of 30 days indicates that Carla's bills her customers on a monthly basis, as the average number of days it takes for customers to pay their bills is roughly equivalent to one month (30 days). The accounts receivable turnover is simply the number of times a company collects its average accounts receivable balance in a given period, which can be calculated by dividing the total credit sales by the average accounts receivable balance. Based on the information given, we cannot directly infer Carla's accounts receivable turnover.

Carla's Fashions Has an Average Days' in Receivable of 30