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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions Wells Fargo net income Preferred stock dividends

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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions Wells Fargo net income Preferred stock dividends Common stock dividends Average common shares outstanding Diluted average common shares outstanding 5,209.8 5,324.4 2015 2014 $22,894 $23,057 $1,424 $1,236 $7,400 $6,908 .5 5,237.2 Determine Wells Fargo's basic EPS for fiscal 2015 and for fiscal 2014. Round answers to two decimal places. Basic EPS 2015 $ 22894 x 2014 s . 21,470 Check

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