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 $17,287 $1,483 b. $ $15,804 C. $ 10,462.282 0 2014 $4,833 d. $ 0 0 10,527.818 e. $0.34 2013 0 $1,349 $9,993 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 $17,287 $1,483 b. $ $15,804 C. $ 10,462.282 0 2014 $4,833 d. $ 0 0 10,527.818 e. $0.34 2013 0 $1,349 $9,993 0 $0.94
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 21BEA: The income statement, statement of retained earnings, and balance sheet for Somerville Company are...
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