Which one of the following describes a direct cost associated with financial distress? Question 23 options: a) On the sale of its equipment, the company paid a 6% sales commission on the proceeds. b) The CEO has been spending time renegotiating suppliers' payment terms rather than revising and updating a new strategic plan for the company. c) The bank has refused to increase the company's line of credit. d) Due to some bad publicity about the company's declining profits, the company has been losing revenues