Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2015, Bank of America
Question:
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per share. Fill in the missing information.
$ millions, except per share amounts 201???? 2014 2013 Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15,888 $4,833 d Preferred stock dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,483 b $ 1,349 Net income applicable to common shareholders . . . . . . . . . . . . . $14,405 c $10,082 Average common shares outstanding . . . . . . . . . . . . . . . . . . . . . . 10,462.282 10,527.818 e Basic earnings per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a $ 0.36 $ 0.94
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Financial Statement Analysis And Valuation
ISBN: 9781618532336
5th Edition
Authors: Peter D. Easton, Mary Lea McAnally, Gregory A. Sommers