Tomorrow, Inc. has the following capital structure in 2018: common stock totaling 200,000 shares and convertible preferred stock totaling 10,000 shares. The preferred stock is convertible into 25,000 shares of common stock. During 2018, Tomorrow, Inc. paid dividends of $2.00 per share on its common stock and $1.50 per share on its preferred stock. Net Income in 2018 was $315,000. Calculate Tomorrow Inc.’s Diluted EPS.

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Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?

Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.