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Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2015, Bank of America Corp. reported information related to basic earnings per
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2015, 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 2015 2014 2013 Net income $15,888 $4,833 d. $ 11,431 Preferred stock dividends $1,483 b. $ $1,349 Net income applicable to common shareholders $14,405 C. $ $10,082 | Average common shares outstanding 10,462.282 10,527.818 e. Basic earnings per share a $ $0.36 $0.94 Check
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