In this engaging lesson, Nick Palazzolo, CPA, sheds light on the essentials of capital structure and management, with a touch of humor to keep things interesting. He begins by breaking down what capital is and the various ways it can be acquired - borrowing, issuing equity, and other means that do not involve any unadvisable activities. With a clear explanation of terms like WACC and CAPM, he ensures that even the most daunting financial concepts become approachable. The lesson moves on to delve into the specifics of an organization's capital structure, demonstrating how different financing options can come together to support significant investments. Nick promises an in-depth exploration of the cost of capital, differentials between banking arrangements, debt management, and the implications of using different types of debt to handle working capital. By the end of the session, the know-how to navigate through intricate financial scenarios will be demystified.