Indicate whether each of the following statements is true or false.

a. OWC is only made of receivables+, inventory, and payables+.

b. The amounts needed to compute a firm’s OWC come only from the balance sheet.

c. If minimum cash is zero, when a \($30,000\) account receivable is collected, OWC will decrease by

$30,000.

d. If suppliers are paid on account, when \($20,000\) worth of inventory is acquired and recorded in the firm’s books, OWC will increase by $20,000.

e. When a firm sells some of its products, liquidity always increases.