How do the cash flows that are discounted when the WACC approach (FCFF approach) is used to

Question:

How do the cash flows that are discounted when the WACC approach (FCFF approach) is used to value a business differ from those that are discounted when the to equity (FCFE) approach is used to value the equity in a business?
Free Cash Flow
Free cash flow (FCF) represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Unlike earnings or net income, free cash flow is a measure of profitability that excludes the...