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Can I get help answering only part (a2) and (a3) this is all one question. Ivanhoe Corporation has outstanding at December 31, 2022, 46,500 shares
Can I get help answering only part (a2) and (a3) this is all one question.
Ivanhoe Corporation has outstanding at December 31, 2022, 46,500 shares of \$19 par value, cumulative, 6% preferred stock and 202,000 shares of $8 par value common stock. All shares were outstanding the entire year. During 2022 , Ivanhoe earned total revenues of $1,960,000 and incurred total expenses (except income taxes) of $1,170,000. Ivanhoe's income tax rate is 20%. (a1) Calculate Ivanhoe's 2022 net income. Net Income $ eTextbook and Media Attempts: 0 of 3 used Caculate Ivanhoe's 2022 preferred dividends. Preferred dividends $ eTextbook and Media Attempts: (a3) Compute Ivanhoe's 2022 earnings per share. (Round answer to 2 decimal places, e.g. 2.25.) Earnings per share $ eTextbook and MediaStep by Step Solution
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