Question $(1)$

You are reviewing Company A$\text{'}$s financial statements, and notice that its accounts receivable days stretched to $35$ days last year, compared to $29$ days the prior year. What is a valid explanation for this change?

Two of the credit control team were on holiday just before the year end.

A slow$-$paying major customer was lost last year.

Sales grew last year, causing accounts receivable to increase.