Question: Ivanhoe Realty Ltd, is a land developer with a calendar year end. When Ivanhoe needs capital to buy land, it often issues common shares, and

Ivanhoe Realty Ltd, is a land developer with a calendar year end. When Ivanhoe needs capital to buy land, it often issues common shares, and once cash is obtained on large land sales, shares are often repurchased. Profit for the year ended December 31, 2024, was. $885,222. Ivanhoe's board of directors declared and paid the annual dividend to its preferred shareholders. Ivanhoe reported the following information related to its shareholders' equity on January 1,2024. Common shares issuances and reacquisitions were as follows for 2024. Calculate the weighted average number of common shares for 2024. Weighted average number of common shares Question Part Score Calculate the earnings per share for Ivanhoe. (Round answer to 2 decimal places, e.8. 2,76.) Earnings per share Question Part Score Assume instead that the preferred shares are nonicumulative and that there were no dividends paid during the veal. Calculate the earnings per share for Ivanhoe. (Round answer to 2 decimal places, e.g. 2.76.) Earnings per share
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