Final answer:
Proceeds from a company's sale of stock to the public are included in financial capital obtained through an IPO.
Step-by-step explanation:
Proceeds from a company's sale of stock to the public are included in financial capital. When a company sells its own stock to the public through an initial public offering (IPO), it receives money from the sale. This helps to repay early-stage investors and provides the company with funds for expanding its operations.