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Calculate Ivanhoes earnings per share

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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 had 150,000 common shares outstanding during the year. Calculate Ivanhoe's 2020 earnings per share.

Reference no: EM132479671

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