Drinking Water Contamination Case Study

| |Net Operating Income |$6,600,000 |$12,600,000 |$15,000,000 |$7,800,000 |$3,000,000 | | | | | | | | |Taxes |($2,244,000) |($4,284,000) |($5,100,000) |($2,652,000) |($1,020,000) | |Net Operating Profit After Taxes |$4,356,000 |$8,316,000 |$9,900,000 |$5,148,000 |$1,980,000 | | | | | | | | |Net Income |$4,356,000 |$8,316,000 |$9,900,000 |$5,148,000 |$1,980,000 | |Year |Units Sold | |Price Per Unit Year 1 - 4 | |1 |70,000 | |$300 | |2 |120,000 | | | | | |3 |140,000 | |Price Per Unit Year Five | |4 |80,000

options to obtain the needed capital and how you would approach securing this type of financing.

The article “What If This Was Your Water,” by Kristin Lewis states that people died. Because of the water, 12 people have already died and more have been sick and gotten severe lead poisoning (Lewis 21). 12 people is a lot

Please briefly describe the different types of water pollution mentioned throughout the "Poisoned Waters" video. Fertilizers, Nitrogen and Phosphorous caused algae which poisoned the waters. It caused a dead zone. The farmers who own chickens was allowing the manure to pollute the water. The humans race is all responsible as we pollute our water by throwing garbage into it. Soap, household cleaning agents, toothpaste, and other plastic, lubricant and fuels are all poisoning our water.

In order to raise capital for the venture, I would first need to determine what funds are available, which ones who be best for the venture, and how I would go about obtaining those funds for the venture. Carter explains that there are two key issues or factors that come into play when determining which kind of capital is the best for a new venture: (a) Usually the search for financing is precipitated by a rejection of an existing bank relationship, and (b) understanding why the company needs capital will determine what type of financing is most appropriate. (Carter, April 2011, pg. 47)

In consuming the water, the children, as of 2015, are consuming 3 times the amount of lead compared to 2013 (source)

The company expects to generate at least in annual sales by the end of the first year of operations with a gross margin of %. The company will incur higher expenses for startup

Initial Capital Requirements: - Huge initial development period and very high investment costs, tooling costs, and WIP are necessary even before the company starts

Children started loosing their hair or developing rashes on their bodies. According to Mark Peplow, lead “levels of around 400µg/l” (1 microgram per Liter or 1.0 × 10-6 kg per m3) were found in some residents’ tap water (Peplow 4). This, of course, prompted the intervention of the Virginia Tech research team. Peplow continues, “In September 2015, pediatrician Mona Hanna-Attisha of Michigan State University analysed [sic] the results of infant blood tests, and found that the proportion of children with elevated lead levels in Flint had doubled from 2% to 4.1% since the change in water supply. After a week of denials, the state admitted that her analysis was

Potential lead contamination from drinking water presents a significant health risk. Recent examples of this lead contamination include Flint, Michigan, a city that experienced a large increase in the number of people, especially children, who exhibited symptoms of lead poisoning. A March 9, 2016 article in the Washington Post reported data from the Environmental Protection Agency that indicated approximately 350 schools and day-care centers across the US failed lead tests approximately 470 times between 2012 and 2015. Seven years ago, according to the Post, a study concluded that hundreds of young children in Washington, DC, had potentially damaging amounts of lead in their blood due to contamination in the city’s tap water. The toxin can cause permanent developmental and behavioral issues.

Finance. In order to finance our startup year, we issued stocks and borrowed loan to finance our operation and for safety in case the sales did not go well. Financing using stocks means that we are selling common or preferred stocks to individuals. In return for the money, they get some ownership over the company and its interest. This helps to bring public’s awareness about the company. If the sales suffice, we will pay the debt in the second round.

7. The Safe Drinking Water Act of 1974 established the basic framework for protecting the drinking water of the United States. Most ground water used for drinking water occurs near the earth’s surface and is easily contaminated .The major concern is the potential contamination of underground sources of the drinking water by any of the hundreds or thousands of subsurface wastewater disposal .Waste disposal wells dispose of approximately more than 11% of the nation’s toxic fluid waste. The injection wells can be good or bad and cause a major problem. Some of the wells are used many different ways like for a aquifer recharge and the production of oil, gas, or minerals. Also for improper usage as disposal of toxic and hazardous waste. The EPA

The five partners of Capstone Accountants will invest $20,000 each to the start-up of the business. In addition to the initial $100,000, the firm will need an additional $200,000 towards the startup costs. To gain these additional funds, the firm will explore outside funding options.

MEMPHIS, Tenn. — High levels of arsenic and lead have been found in monitoring wells at the Allen Fossil Plant in Southwest Memphis. Tennessee Valley Authority, which operates the power plant, notified the state in May that several wells monitoring water about 50 feet below the ground turned up with elevated levels

Venture Capital is one of the fastest emerging sources of finance for new entrepreneurs. In spite of its increasing popularity, funding via Venture Capital is faced with a number of difficulties. Thus, it is important to study the various aspects of raising funds through Venture Capital.