To: Recycling Entrepreneurs From: Coffman Investment Group LLC. Date: September 15, 2019 Subject: Can recycling be profitable?

The Coffman Investment Group wants to invest capital in the recycle industry. We are a for-profit-company. Can a recycled product find a market?

• Create a narrative that will determine if a recycling company can be profitable.
• Find an existing company or develop a new idea to recycle something different.
• Use your best estimates (or actuals) to show an income statement that shows profit /loss for a process or recycled product. Include all costs from material sources and cost of labor and all overhead costs.
• Visit a local recycling company (for profit) and ask to see financials (if they will allow that). Or research a company online.
• Explain the costs to complete the recycle process and end products.
• Please respond with a memo to Coffman Investment Group with backup data and assumptions.