The suppliers of Denver Press offer the firm $30$ days credit on all its purchases. Denver Press has an average payment period of $84$ days as compared to its industry average of $43$ days. Which of these statements applies to Denver Press?

Multiple choice question.

Denver Press is most likely abusing its credit terms.

Denver Press is doing a much better job of managing its accounts payable than the average firm in its industry.

Denver Press stands a lower chance of losing its credit privileges with suppliers than the average firm in its industry.

Denver Press is an illustration of best practices in accounts payable management.