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a. Compute the number of common shares outstanding at the end of each fiscal year. Estimate the average number of shares outstanding during 2014. Hint:
a. Compute the number of common shares outstanding at the end of each fiscal year. Estimate the average number of shares outstanding during 2014. Hint: To compute the 2014 Average, use the equation for Basic EPS and solve for the denominator (average common shares outstanding). Do not take an average of 2013 and 2014 shares outstanding. Note: Round to one decimal place. 2014 Answer 2,710.6 million 2013 Answer 2,742.1 million 2014 Average Answer 2,756.4 million
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