Provident Manufacturing recently began paying all of its invoices within $20$ days of receipt, rather than its usual $30$ days. How would this adjustment likely affect Provident$$s chances of receiving a bank loan in the near future?

Select answer from the options below

Provident would be less likely to receive a loan, because this adjustment suggests the firm does not anticipate having enough money to pay its debts in the months to come.

Provident would be more likely to receive a loan, because this adjustment would maximize the firm$$s current liabilities while minimizing its use of long$-$term debt.

Provident would be more likely to receive a loan, because this adjustment would minimize the firm$$s current liabilities while also showing the firm$$s ability to promptly pay off short$-$term debts.

Provident would be less likely to receive a loan, because this adjustment would reduce the firm$$s current liabilities to a lower level than most banks like to see.