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All of the following have a direct and immediate impact on Free Cash Flows except . . . . A . Issuing new equity B

All of the following have a direct and immediate impact on Free Cash Flows except $. . . .$

A $.$ Issuing new equity

B $.$ Capital expenditure $($ CAPEX $)$

C $.$ Payments to employees for overtime hours

D $.$ Increases in Net Operating Working Capital

E $.$ All of the other answers have a direct and immediate impact on Free Cash Flows.

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