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The Wendy's Company reported the following information for fiscal year 2021 and 2020 (in millions). 2021 Operating assets: $4,775 Operating liabilities: 809 Net cash flow

The Wendy's Company reported the following information for fiscal year 2021 and 2020 (in millions). 2021 Operating assets: $4,775 Operating liabilities: 809 Net cash flow from operations: 346 Net operating profit after tax (NOPAT): 298 Weighted-average cost of capital (WACC): 8% 2020 Operating assets: $4,654 Operating liabilities: 814 Net cash flow from operations: 284 Net operating profit after tax (NOPAT): 208 Weighted-average cost of capital (WACC): 8% What are the company's free cash flows to the firm (FCFF) for 2021? Pick Group of answer choices a) $172 b) $177 c)$203 d)$220 e) None of the above

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