During $2023,$ Katieco's sales increased by $20\%.$ If accounts receivable for the same period increased by $40\%,$ this probably indicates that"

Question $9$ options:

the company's management is focusing on cash sales.

the company's collections have improved.

the company may be increasing sales by giving longer time to pay.

the company's collection policies have become more aggressive. $($pushing customers to pay faster$)$

stated credit term has been decreased $($giving customers less time to pay$).$