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Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2018, 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, 2018, 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 one decimal place. 2018 2017 2016 $ millions, except per share amounts Net income $18,232 d. $ $28,147 1,451 b. $ 26,696 c. $ 10,096.5 Preferred stock dividends Net income applicable to common shareholders Average common shares outstanding Basic earnings per share $1,682 $16,140 10,195.6 e. a. $ $1.63 $1.57
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