Enterprises reported the following for fiscal 2012 and 2011. What are the company's free cash flows to the firm (FCFF) 2012?
December 31 2012 2011
Operating assets $75,201 $62,230
Operating liabilities 50,678 38,947
Net cash flow from operations 18,907 16,054
NOPAT 14,638 11,973
Discount factor 7.0% 6.7%
Select one:
a) 13,479
b) 14,639
c) 18,907
d) 15,797
e) None of the above