a) find the basic earnings per share ratio for 2020 and 2021

b) find the inventory turnover ratio for 2020 and 2021

CONSOLIDATED BALANCE SHEETS December 31 (Millions, except share data) Assets Cash and cash equivalents $ Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2021, $11: 2020, nil) Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2021, $463: 2020, 592) Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2021. $32: 2020, $47) Total cash and cash equivalents Card Member receivables (includes gross receivables available to settle obligations of a consolidated vanable interest entity: 2021. $5.175: 2020, $4,296), less reserves for credit losses: 2021. $64: 2020. $267 Card Member loans (includes gross loans available to settle obligations of a consolidated variable interest entity: 2021 $26.587: 2020, $25.908) less reserves for credit losses: 2021, $3.305: 2020. $5.344 Other loans, less reserves for credit losses: 2021, $52.2020, $238 Investment securities Premises and equipment, less accumulated depreciation and amortization: 2021, 58.602: 2020. $7.540 Other assets, less reserves for credit losses: 2021 $25:2020, $85 Total assets $ Liabilities and Shareholders' Equity Liabilities Customer deposits Accounts payable Short-term borrowings Long-term debt (includes debt issued by consolidated variable interest entities: 2 $12.760) $13.803, 2020 Other liabilities Total liabilities Contingencies and Commitments (Note 12) Shareholders Equity Preferred shares, $1.66 par value, authorized 20 million shares, issued and outstanding 1.600 shares as of December 31, 2021 and 2020 (Note 16) Common shares $0.20 par value, authorized 3.6 billion shares; issued and outstanding 261 million Shares as of December 31, 2021 and 805 million shares as of December 31, 2020 Additional paid in capital Retained earnings Accumulated other comprehensive income (los) Net unrealized debt securities gains net of tax of 2021, $7:2020, $20 Foreign currency translation adjustments, net of tax of 2021, 5(330) 2020.5(381) Net unrealized pension and other postretirement benefits. net of tax of: 2021 $(184) 2020, 5(236) Total accumulated other comprehensive income Class Total shareholders equity Total Sabilmes and shareholders equity S 2021 1,292 $ 20.548 188 22.028 53.581 85,257 2,859 2.591 34 4.988 17.244 188.548 S 84.382 $ 10.574 2.243 38,675 30.497 166.371 S 153 11.495 13.474 23 (2392) (575) (2.945) 22.177 188.548 S 2020 2,984 29,824 157 32.965 43,434 68,029 2.614 21.631 5.015 111 17,679 191.367 86.875 9,444 1.878 42.952 27,234 166.383 161 11.881 13,837 165 (2229) 1(250) (2.895) 22.984 ASA367 CONSOLIDATED STATEMENTS OF INCOME 2021 25,727 S 5,195 2,392 1.316 34,630 8.850 83 100 9,033 458 825 1,283 7,750 42.380 (73) (1.155) (191) (1419) 43,799 9,053 11.007 1.993 6,240 4,817 33,110 10.689 2,629 8,060 $ 10.04 $ 10.02 $ 789 790 Year Ended December 31 (Millions, except per share amounts) Revenues Non-interest revenues Discount revenue Net card fees Other fees and commissions Other Total non-interest revenues Interest income Interest on loans Interest and dividends on investment securities Deposits with banks and other Total interest income Interest expense Deposits Long-term debt and other Totalunterest expense Net interest income Total revenues net of interest expense Provisions for credit losses Card Member receivables Card Member loans Other Total provisions for credit losses Total revenues net of interest expense after provisions for creat losses Expenses Marketing and business development Card Member rewards Card Member services Salaries and employee benefits Other, not Total expenses Pretax income - Income tax provision Net income Earnings per Common Share-(Note 21) Basic Diluted Average common shares outstanding for earnings per common share Basic Diluted $ 2020 20,401 S 4.664 2.163 874 28.102 9,779 127 177 10.083 943 1.155 2.098 7.985 36.087 1015 3.453 262 4.730 31.357 6.747 8.041 1230 5,718 5.325 27.061 4:296 1161 AX 3135 $ 377 $ 377 S 805 806 2019 26,167 4,042 3,297 1,430 34,936 11,308 188 588 12,084 1.559 1.905 3,464 8.620 43,556 963 2,462 148 3.573 39,983 7,125 10,439 2.223 5.911 5.856 31.554 8,429 1,670 6,759 8.00 7.99 828 830 Ment CONSOLIDATED STATEMENTS OF CASH FLOWS 2021 8,060 $ (1.419) 1,695 330 294 (772) 1,068 5,389 14,645 62 20,032 (1,517) (27,557) (1.550) (10.529) (2,468) 461 7788 (11,662) 1.584 (1.600) 64 (7.652) (1,448) (14.933) (120) (10.937) 32.965 22,0281 2021 22.028 $ 525 21508 3 Years Ended December 31 (Millions) Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Provisions for credit losses Depreciation and amortization Stock-based compensation Deferred taxes Other non-cash items Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Other assets Accounts payable & other liabilities Net cash provided by operating activities Cash Flows from Investing Activities Sale of investment securities Matunities and redemptions of investment securities Purchase of investments Net (increase) decrease in Card Member loans and receivables, and other loans Purchase of premises and equipment, net of sales: 2021, $88. 2020. $1.2019 $43 Acquisitions/dispositions, net of cash acquired Other investing activities Net cash (used in) provided by investing activities Cash Flows from Financing Activities Net (decrease) increase in customer deposits Net increase (decrease) in short term borrowings Proceeds from long term debt Payments of long term debt Issuance of American Express preferred shares Redemption of American Express oreferred stres Issuance of American Express common shares Repurchase of American Express common shares and other Dividends pad Net cash used in financing activities Effect of foreign currency exchang Net (decrease) increase in cash and c Cash and cash equivalents at t Cash and cash equivalents at end of yea Supplemental cash flow information Cash and cash equivalents reconciliation Cash and cash equivalents per Comolidated Balance Sheets Restricted balances included in Cash and cash equivalents Jotal cash and cash equivalents, excluding restricted balances son cash and cash equivalents requivalents ning of year $ S 2020 3.135 S 4,730 1.543 249 (939) 683 (1785) (2.025) 5,591 69 7159 (20.562) 26.906 (1,478) (597) 135 11632 13.542 (4.627) 69 (15,593) 44 (1029) (1474) (9.068) 364 8.519 24,446 32.965 1 2020 32.965 $ 606 32 359 5 2019 6,759 3,573 1.188 283 (151) 577 (368) 1,771 13.632 22 7,329 (11.166) (11,047) (1645) (352) 152 (16.707) 3,330 3.316 12.706 (13.850) 86 (4,685) (1422) (519) 232 (3.362) 27,808 24,446 2019 24,446 514 23.932 CONSOLIDATED BALANCE SHEETS December 31 (Millions, except share data) Assets Cash and cash equivalents $ Cash and due from banks (includes restricted cash of consolidated variable interest entities: 2021, $11: 2020, nil) Interest-bearing deposits in other banks (includes securities purchased under resale agreements: 2021, $463: 2020, 592) Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2021. $32: 2020, $47) Total cash and cash equivalents Card Member receivables (includes gross receivables available to settle obligations of a consolidated vanable interest entity: 2021. $5.175: 2020, $4,296), less reserves for credit losses: 2021. $64: 2020. $267 Card Member loans (includes gross loans available to settle obligations of a consolidated variable interest entity: 2021 $26.587: 2020, $25.908) less reserves for credit losses: 2021, $3.305: 2020. $5.344 Other loans, less reserves for credit losses: 2021, $52.2020, $238 Investment securities Premises and equipment, less accumulated depreciation and amortization: 2021, 58.602: 2020. $7.540 Other assets, less reserves for credit losses: 2021 $25:2020, $85 Total assets $ Liabilities and Shareholders' Equity Liabilities Customer deposits Accounts payable Short-term borrowings Long-term debt (includes debt issued by consolidated variable interest entities: 2 $12.760) $13.803, 2020 Other liabilities Total liabilities Contingencies and Commitments (Note 12) Shareholders Equity Preferred shares, $1.66 par value, authorized 20 million shares, issued and outstanding 1.600 shares as of December 31, 2021 and 2020 (Note 16) Common shares $0.20 par value, authorized 3.6 billion shares; issued and outstanding 261 million Shares as of December 31, 2021 and 805 million shares as of December 31, 2020 Additional paid in capital Retained earnings Accumulated other comprehensive income (los) Net unrealized debt securities gains net of tax of 2021, $7:2020, $20 Foreign currency translation adjustments, net of tax of 2021, 5(330) 2020.5(381) Net unrealized pension and other postretirement benefits. net of tax of: 2021 $(184) 2020, 5(236) Total accumulated other comprehensive income Class Total shareholders equity Total Sabilmes and shareholders equity S 2021 1,292 $ 20.548 188 22.028 53.581 85,257 2,859 2.591 34 4.988 17.244 188.548 S 84.382 $ 10.574 2.243 38,675 30.497 166.371 S 153 11.495 13.474 23 (2392) (575) (2.945) 22.177 188.548 S 2020 2,984 29,824 157 32.965 43,434 68,029 2.614 21.631 5.015 111 17,679 191.367 86.875 9,444 1.878 42.952 27,234 166.383 161 11.881 13,837 165 (2229) 1(250) (2.895) 22.984 ASA367 CONSOLIDATED STATEMENTS OF INCOME 2021 25,727 S 5,195 2,392 1.316 34,630 8.850 83 100 9,033 458 825 1,283 7,750 42.380 (73) (1.155) (191) (1419) 43,799 9,053 11.007 1.993 6,240 4,817 33,110 10.689 2,629 8,060 $ 10.04 $ 10.02 $ 789 790 Year Ended December 31 (Millions, except per share amounts) Revenues Non-interest revenues Discount revenue Net card fees Other fees and commissions Other Total non-interest revenues Interest income Interest on loans Interest and dividends on investment securities Deposits with banks and other Total interest income Interest expense Deposits Long-term debt and other Totalunterest expense Net interest income Total revenues net of interest expense Provisions for credit losses Card Member receivables Card Member loans Other Total provisions for credit losses Total revenues net of interest expense after provisions for creat losses Expenses Marketing and business development Card Member rewards Card Member services Salaries and employee benefits Other, not Total expenses Pretax income - Income tax provision Net income Earnings per Common Share-(Note 21) Basic Diluted Average common shares outstanding for earnings per common share Basic Diluted $ 2020 20,401 S 4.664 2.163 874 28.102 9,779 127 177 10.083 943 1.155 2.098 7.985 36.087 1015 3.453 262 4.730 31.357 6.747 8.041 1230 5,718 5.325 27.061 4:296 1161 AX 3135 $ 377 $ 377 S 805 806 2019 26,167 4,042 3,297 1,430 34,936 11,308 188 588 12,084 1.559 1.905 3,464 8.620 43,556 963 2,462 148 3.573 39,983 7,125 10,439 2.223 5.911 5.856 31.554 8,429 1,670 6,759 8.00 7.99 828 830 Ment CONSOLIDATED STATEMENTS OF CASH FLOWS 2021 8,060 $ (1.419) 1,695 330 294 (772) 1,068 5,389 14,645 62 20,032 (1,517) (27,557) (1.550) (10.529) (2,468) 461 7788 (11,662) 1.584 (1.600) 64 (7.652) (1,448) (14.933) (120) (10.937) 32.965 22,0281 2021 22.028 $ 525 21508 3 Years Ended December 31 (Millions) Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash provided by operating activities: Provisions for credit losses Depreciation and amortization Stock-based compensation Deferred taxes Other non-cash items Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Other assets Accounts payable & other liabilities Net cash provided by operating activities Cash Flows from Investing Activities Sale of investment securities Matunities and redemptions of investment securities Purchase of investments Net (increase) decrease in Card Member loans and receivables, and other loans Purchase of premises and equipment, net of sales: 2021, $88. 2020. $1.2019 $43 Acquisitions/dispositions, net of cash acquired Other investing activities Net cash (used in) provided by investing activities Cash Flows from Financing Activities Net (decrease) increase in customer deposits Net increase (decrease) in short term borrowings Proceeds from long term debt Payments of long term debt Issuance of American Express preferred shares Redemption of American Express oreferred stres Issuance of American Express common shares Repurchase of American Express common shares and other Dividends pad Net cash used in financing activities Effect of foreign currency exchang Net (decrease) increase in cash and c Cash and cash equivalents at t Cash and cash equivalents at end of yea Supplemental cash flow information Cash and cash equivalents reconciliation Cash and cash equivalents per Comolidated Balance Sheets Restricted balances included in Cash and cash equivalents Jotal cash and cash equivalents, excluding restricted balances son cash and cash equivalents requivalents ning of year $ S 2020 3.135 S 4,730 1.543 249 (939) 683 (1785) (2.025) 5,591 69 7159 (20.562) 26.906 (1,478) (597) 135 11632 13.542 (4.627) 69 (15,593) 44 (1029) (1474) (9.068) 364 8.519 24,446 32.965 1 2020 32.965 $ 606 32 359 5 2019 6,759 3,573 1.188 283 (151) 577 (368) 1,771 13.632 22 7,329 (11.166) (11,047) (1645) (352) 152 (16.707) 3,330 3.316 12.706 (13.850) 86 (4,685) (1422) (519) 232 (3.362) 27,808 24,446 2019 24,446 514 23.932