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Please complete all in the formats and fields provided. Thanks in advance. Atemptin POR The shareholders equity accounts of Ivanhoe Ltd. on April 1, 2020,
Please complete all in the formats and fields provided. Thanks in advance.
Atemptin POR The shareholders equity accounts of Ivanhoe Ltd. on April 1, 2020, the beginning of the fiscal year, are as follows: $8 cumulative preferred shares (18,000 issued) $1,800,000 Common shares (500,000 issued) 5,000,000 Retained earnings 1,500,000 Total shareholders equity $8,300,000 During the year, the following transactions occurred: 2020 June 1 Reacquired 12,000 common shares for $11 per share July 1 Issued 49.000 common shares for $12 per share. Sept 30 Reacquired 9.000 common shares for $11.50 per share. 2021 Jan 31 Issued 60,000 common shares in exchange for land. The land's fair value was $720,000 Mar 31 Profit for the year ended March 31, 2021, was $1,046,000, Calculate the weighted average number of common shares for the year. Weighted average number of common shares eTextbook and Media Auming the preferred share dividends are one year in wear.calculate the earnings per share if no preferred dividends declared during the year Round answer to 2 decimal places 5275) uestion 2 OTS Mar. 31 Profit for the year ended March 31, 2021, was $1,046,000 Calculate the weighted average number of common shares for the year, Weighted average number of common shares eTextbook and Media Assuming the preferred share dividends are one year in arrears, calculate the earnings per share if no preferred dividends an declared during the year. (Round answer to 2 decimal places, es 52.75) Earnings per share $ Textbook and Media What is the total number of common shares issued on March 31, 2021 Number of common shares issund Textbook and Media Antent of Step by Step Solution
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