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Does ROIC change depending upon how free cash flow is measured? What would be the adjusted EBITDA if shared based compensation was not excluded? (

Does ROIC change depending upon how free cash flow is measured? What would be the adjusted EBITDA if shared based compensation was not excluded? (that is treated as a real expense/expenditure) Which formulation provides the best information to stakeholders and does it impact your view of a company as a stakeholder?

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