Sandras total start-up investment is $20,000. However, in calculating this amount, she did not account for the
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Question:
Sandra’s total start-up investment is $20,000. However, in calculating this amount, she did not account for the time and labor she invested to get her business off the ground.
Suppose Sandra put in 500 hours of “sweat equity” valuing her labor at a rate of $16 per hour. What would her total start-up investment be?
Related Book For
Project Management in Practice
ISBN: 978-0470533017
4th edition
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
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