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McMahon Corp. manufactures SIM cards for cell phones. Based on the following information, what is the company's free cash flows to the firm (FCFF) for the year ended December 31, 2017? December 31 2017 2016 Cash $20,880 $17,130 Net operating assets (NOA) $20,110 $17,630 Net nonoperating obligations (NNO) $2,570 $2,050 Net operating profit after tax (NOPAT) $6,000 $5,490 Discount factor 5.0% 5.0% $3,520 $630 $2,640 $3,750 Which of the following items is not part of the calculation of free cash flow to the firm (FCFF)? None of the listed Cash and cash equivalents Capital expenditures Inventory Accounts payable Exhibit 1 provides financial information for Home Depot for the current year (year 0) and projections for the next two years (year 1 and year 2). Find the enterprise value of Home Depot if WACC is 10%, the terminal value at the end of year 2 is $12,000, and the company has $2,000 NNO. Year 0 1 2 Sales $88,519 $97,371 $107,108 NOPAT $7,526 $7,277 $8,104 NOA $25,415 $27,956 $30,752 $20,345 $16,510 $18,100 $21,310 None of the listed