Question
Sandras 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
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?
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Project Management in Practice
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco
4th edition
470533013, 978-0470533017
