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by vonmoltke
4512 days ago
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"[I]n no way the same"? Either one reduces my profit for the year by $50,000. One comes out of revenue, the other comes out of cash on hand (or increases debt, as the case may be). Yes, there are trade-offs and differing side effects from the situations, but they are similar in their effect on the bottom line. Also, losing $50,000 in business because of a supplier or subcontractor failure is not an opportunity cost. |
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