Ivanhoe Corporation had nat income of $ for the year ended Dacamber and waighted avarage number of common
shares outstanding of The following information is provided resarding the capital structure:
comvertible dabt, bands each convertible into common shares. The bonds were outstanding for the antire year.
The income tax rate is The bonds wers issued at par $ par bond No bonds ware convartad during the yaar.
comvertible, cumulative $ praferred shares, shares issued and outstanding. Each preferred share is conwertible
into common shares. The preferred shares ware issued at par and were outstanding the entire year. No shares wers
convarted during the ysar.
a
a
c
c
c
c
c
Calculate the diluted earnins per share for using the ifconvarted method. For simplicity, inore the racuirsmant to record
the dabt and equity components of the bonds separataly. Round earnings per share to decimal places, eg