Which of the following refers to the cost of debt when changing credit policy? Multiple Cholce If the firm grants credit, some percentage of the credit buyers do not pay. Although the firm may experlence delayed revenues If It grants credit, It still Incurs the costs of sales Immediately. When the firm grants credit, It must arrange to finance the resulting recelvables. When the firm grants credit, there is a delay in revenue collections as some customers take advantage of the credit offered and pay later. When the firm offers a cash discount as part of Its credit terms, some customers choose to pay early to take advantage of the discount