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Understanding EPS Calculations On its Form 1 0 - K for the year ended December 3 1 , 2 0 1 5 , Bank of
Understanding EPS Calculations
On its Form K for the year ended December Bank of America Corp. reported information related to basic earnings per share.
Fill in the missing information.
Rounding instruction:
Round answer a to two decimal places.
Round answer b c & d to the nearest million.
Round answer e to three decimal places.
$ millions, except per share amounts
Net income $ $ d Answer
Preferred stock dividends $ b Answer
$
Net income applicable to common shareholders $ c Answer
$
Average common shares outstanding e Answer
Basic earnings per share a Answer
$ $
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