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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 Net income Preferred stock dividends 2 Net income applicable to common shareholders Average common shares outstanding Basic earnings per share a. $ 2015 $16,888 $1,483 b. $ $15,405 C. $ 10,462.282 2014 $4,833 d. $ 10,527.818 e. $0.40 2013 $1,349 $10,583 $0.94
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