Balance sheet is imagined and many times modelled as an opposite sections structure.
On the left side there are the Assets, which are what the company owns, and on the right side there is what the company owes to other parties: Liabilities (amounts due to lenders, banks, bondholders, etc.) and Equity (what's left for shareholders and business partners).
So the right side of the balance sheet includes all the amounts that are due to those who finance the business of that company.
The main amount of this right side has a cost: this is the Cost of Capital, which generally comprises what's due to (different types of) lenders (like interests to be paid on debt) and the remuneration payable to shareholders in the form, for example, of dividends or compensations.
The full name of this kind of cost is Weighted Average Cost of Capital, because it's calculated based on the proportion of debt and equity on the total amount financed.
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