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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions 2015 2014 Wells Fargo net income $24,560

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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. In millions 2015 2014 Wells Fargo net income $24,560 $24,723 Preferred stock dividends $1,590 $1,402 Common stock dividends $7,400 $6,908 Average common shares outstanding 5,136.5 5,237.2 Diluted average common shares outstanding 5,209.8 5,324.4 Determine Wells Fargo's basic EPS for fiscal 2015 and for fiscal 2014. Round answers to two decimal places. Basic EPS 2015 $ 2014 $

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