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Describe three different scenarios in which an individual finds himself or herself in calorie balance, calorie excess, or calorie deficit.
Leverage
Utilizing borrowed funds or debt to enhance the possible returns from an investment.
EBIT
Earnings Before Interest and Taxes, a measure of a firm's profit that includes all expenses except interest and income tax expenses.
WACC
Weighted Average Cost of Capital, a calculation used to estimate the average cost of a company's financing including equity and debt, reflecting the risk of investments.
Unlevered Return
The return on an investment that has not been adjusted for the effects of leverage or borrowing.
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