Brad runs a sightseeing business in San Francisco. To attract new customers, he has decided to begin working with tour agencies that will pay on credit. He has also determined that he will need to purchase a new bus to meet the increased demand. What should he do to prepare for these events? 

a. Reflect his new sales projections, cash inflow timings, and asset needs in his operating plan 

b. Look for additional ways to boost sales to cover the costs of the new bus 

c. Determine how purchasing the new bus will affect his asset intensity 

d. Delay purchasing the new bus until he has received payment for all new business

Answer rating: 100% (QA)

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