Question
Ivanhoe Corporation had 2020 net income of $1.8 million. During 2020, Ivanhoe paid a dividend of $7 per share on 114,000 preferred shares. Ivanhoe also
Ivanhoe Corporation had 2020 net income of $1.8 million. During 2020, Ivanhoe paid a dividend of $7 per share on 114,000 preferred shares. Ivanhoe also had 150,000 common shares outstanding during the year.
Calculate Ivanhoe's 2020 earnings per share.
Earnings per share $
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Accounting
Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian Edition volume 2
013269008X, 978-0133122855, 133122859, 978-0132690089
