Which one of the following statements related to financial information is not true?

Question 18 options:

a)	Liquidity refers to the company's ability to change the amounts and timing of cash flows to adapt to unexpected needs and opportunities.

b)	In general, the higher the risk of an investment, the higher the return on investment expected by investors.

c)	Return on capital can be provided only after return of capital.

d)	Operating capability describes the company's ability to maintain a given level of operations.