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Suppose Bank of America has an additional 900,000,000 shares outstanding on 12/31/2022, and their net income remains unchanged from the financial statements. Calculate their
Suppose Bank of America has an additional 900,000,000 shares outstanding on 12/31/2022, and their net income remains unchanged from the financial statements. Calculate their new EPS. How would their EPS change and does this make sense? EPS 3.19 6. During FY 2022, a. how many shares of common stock did Bank of America repurchase? b. What is the average price paid for the repurchased stock? 7. How does a share repurchase impact the company? (Increase, decrease, or have no effect) a. Total assets? b. EPS? 8. How much did Bank of America pay in dividends for the year ended December 31, 2022? 9. Bank of America paid. amount of dividends that they declared in FY 2022. (HINT - all the information you need to answer the question, is contained in one or more of the four financial statements) a. The same b. More than (the) c. Less than (the) 10. Is Bank of America financed mostly by debt or equity? How can you tell?
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