Originally posted by LEP
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And remember folks opportunity cost and salary/wages are two different things.
Want to be real sick....price in opportunity cost, wages/salary and depreciation!
Can it possibly cover all real hard expenses and these?
Some years there is nothing for opportunity cost. Some years you pay yourself less. Is depreciation on a newer line of equipment ever recoverable? If it was you wouldn't have to borrow so much to replace equipment...the money would be in the bank, but no, you need time on your side to borrow it.
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