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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its Form 10-K. In millions 2018 2017 Wells Fargo net income $22,393 $22,183

Calculating and Interpreting EPS Information Wells Fargo reports the following information in its Form 10-K.

In millions 2018 2017
Wells Fargo net income $22,393 $22,183
Preferred stock dividends $1,556 $1,629
Common stock dividends $7,955 $7,708
Average common shares outstanding 4,799.7 4,964.6
Diluted average common shares outstanding 4,838.4 5,017.3

Determine Wells Fargo's basic EPS for fiscal 2018 and for fiscal 2017. Round answers to two decimal places.

Basic EPS
2018 Answer
2017 Answer

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