If a company's sales are relatively flat over a period of several years, a service provider, such as a software developer, would likely have the greatest borrowing need to finance which of the following?
Accounts receivable (trade debtors) until they are collected in cash
Fixed assets until they are used up in producing products
General operations until the firm returns to a solid growth position
Investments
Accounts payable (trade creditors) until they are paid in cash