1. Use the balance sheet for TechnoTCL to determine the weighting for capital used by the company. What are the weightings for long-term debt and common equity? Calculate the WACC for TechnoTCL.

TechnoTCL, Inc.
($ 000's)
							12/31/2021	12/31/2022	12/31/2023
Current Assets
Cash And Cash Equivalents					9,157	10,607	8,719
Short Term Investments					6,966	8,897	270
Net Receivables						6,693	7,021	7,140
Inventory							2,722	2,944	3,126
Other Current Assets					31	43	2,042
Total Current Assets					25,569	29,512	21,297
Long Term Investments					1,949	2,039	2,407
Property Plant and Equipment					16,590	17,237	17,587
Goodwill							14,429	14,741	14,806
Intangible Assets						13,432	13,835	15,823
Other Assets						635	910	5,122
Total Assets						72,604	78,274	77,042
Current Liabilities
Accounts Payable						6,157	6,724	7,211
Short/Current Long Term Debt					4,400	4,017	3,951
Other Current Liabilities					3,870	4,112	6,601
Total Current Liabilities					14,427	14,853	17,763
Long Term Debt						30,052	33,793	28,293
Other Liabilities						11,102	14,522	12,611
Total Liabilities						55,581	63,168	58,667
Stockholders' Equity
Total Stockholder Equity					17,023	15,106	18,375
							12/31/2021	12/31/2022	12/31/2023
Revenue
Total Revenue						56,519	57,902	51,728
Cost of Revenue						25,400	25,340	23,502
Gross Profit						31,119	32,562	28,226
Operating Expenses
Selling General and Administrative				21,226	20,706	19,184
Operating Income or Loss					9,893	11,856	9,042
Income from Continuing Operations
Other Income/Expenses Net -					-1,508	-1,507	-1,148
Interest Expense						1,207	1,288	1,220
Income Before Tax					7,178	9,061	6,674
Income Tax Expense						1,957	4,130	2,696
Net Income						5,221	4,931	3,978