When You Begin with the Individual Facts and Save Your

question 67

Multiple Choice

When you begin with the individual facts and save your conclusions until the end of your presentation, you are using _____ organization.

• A)sequential
• B)inductive
• C)deductive
• D)spatial

---

Definitions:

Capital Spending

Refers to funds spent by a business or government on acquiring or maintaining physical assets such as property, plants, and equipment.

MCC

Marginal Cost of Capital; the cost of obtaining an additional dollar of new capital.

Marginal Cost of Capital

The cost of obtaining one additional dollar of new capital, which reflects the cost of the last unit of capital raised.

Flotation Costs

The total costs that are incurred by a company in offering new securities to the public, including underwriting, legal, and registration fees.