Analyze and compare Bank of America and Wells Fargo Bank of America Corporation (BAC) and Wells Fargo & Company (WFC) are two large financial services companies. The following data (in millions) were taken from a recent year's financial statements for both companies: Net income Preferred dividends Average number of common shares outstanding Bank of America Wells Fargo $27,430 $19,549 $1,432 $1,611 9,390.5 4,393.1 a. Compute the earnings per share for both companies. Round to the nearest cent. Bank of America Wells Fargo: b. Which company appears to be more profitable on an earnings-per-share basis? c. Which company would you expect to have the larger quoted market price