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 Net income applicable to common shareholders Average common shares outstanding Basic earnings per share a. $ 2015 $17,486 $1,483 b. $ $16,003 C. $ 10,462.282 0 2014 $4,833 d. $ 0 0 10,527.818 e. $0.33 2013 $1,349 $10,165 0 $0.94
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 Net income applicable to common shareholders Average common shares outstanding Basic earnings per share a. $ 2015 $17,486 $1,483 b. $ $16,003 C. $ 10,462.282 0 2014 $4,833 d. $ 0 0 10,527.818 e. $0.33 2013 $1,349 $10,165 0 $0.94
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text: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
Net income applicable to common shareholders
Average common shares outstanding
Basic earnings per share
a. $
2015
$17,486
$1,483 b. $
$16,003 C. $
10,462.282
0
2014
$4,833 d. $
0
0
10,527.818 e.
$0.33
2013
0
$1,349
$10,165
$0.94
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