Question: Ivanhoe Corporation has 3 7 0 , 0 0 0 shares of common stock outstanding throughout 2 0 2 5 . In addition, the corporation

Ivanhoe Corporation has 370,000 shares of common stock outstanding throughout 2025. In addition, the corporation has 5,500,20 year, 9% bonds issued at par in 2023. Each $1,000 bond is convertible into 20 shares of common stock after 923?23. During the year 2025, the corporation earned $732,600 after deducting all expenses. The tax rate was 30%.
Compute the correct earnings per share for 2025.(Round answer to 2 decimal places, 52.75.)
Earning per share $
Ivanhoe Corporation has 3 7 0 , 0 0 0 shares of

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