Ivanhoe Corporation had 2020 net income of $1.8 million. During 2020, Ivanhoe paid a dividend of $7

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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.

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ISBN: 978-1259097126

13th edition

Authors: Robert Anthony, David Hawkins, Kenneth Merchant

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Posted Date: Apr 01, 2020 06:54 AM

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Ivanhoe Corporation had 2020 net income of $1.8 million. During 2020, Ivanhoe paid a dividend of $7

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