_{Which one of the following statements is concerning net working capital is correct?}

_{a) net working capital is a part of the operating cash flow.}

_{b) the change in net working capital is equal to current assets minus current liabilities.}

_{c) the greater the networking capital, the greater the ability of a firm to meet its short-term obligations.}

_{d) depreciation must be added back to current assets when computing the change in net working capital.}

_{e) netr working capital is equal to long-terms assets minus long-term liabilities}