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Please critically comment on the following sentence (with a maximum of 500 words): Weighted Average Cost of Capital (WACC) is too complicated and not useful

Please critically comment on the following sentence (with a maximum of 500 words):

Weighted Average Cost of Capital (WACC) is too complicated and not useful for financial management as we should only calculate the cost of borrowing/debt since we do not have to pay our shareholders any dividends if we choose to.

THIS IS MY FINAL ASSIGMNET PLEASE, I BEG OF YOU. HELP ME! I NEED YOUR HELP! Please try to answer fully and correctly with full details. YOU ARE MY LAST CHANCE TO TAEK GOOD MARK, YOU ARE MY HERO! THANK YOU A LOT! AND GOD BLESS YOU!!!

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