A company's total debt includes both its short$-$term and long$-$term $-$Select$-$noninterest$-$bearinginterest$-$bearingCorrect $4$ of Item $1$liabilities. Total liabilities equal $-$Select$-$current liabilitiestotal debttotal equityCorrect $5$ of Item $1$plus the company's "free" liabilities. $-$Select$-$Net working capitalNet fixed assetsNet current liabilitiesCorrect $6$ of Item $1$is the difference between current assets and current liabilities, while $-$Select$-$net operating current liabilitiesnet operating working capitalnet nonoperating current liabilitiesCorrect $7$ of Item $1$is equal to operating current assets less operating current liabilities.$-$Select$-$Net incomeOperating incomeNet worthCorrect $8$ of Item $1$is capital supplied by common stockholders and represents ownership.