Question
In: Finance
Understanding EPS Calculations On its Form 10-K for the year ended December 31, 2015, Bank of...
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 | $16,388 | $4,833 | d. | $Answer | ||
| Preferred stock dividends | $1,483 | b. | $Answer | $1,349 | ||
| Net income applicable to common shareholders | $14,905 | c. | $Answer | $11,072 | ||
| Average common shares outstanding | 10,462.282 | 10,527.818 | e. | Answer | ||
| Basic earnings per share | a. | $Answer | $0.38 | $0.94 |
Solutions
jeff jeffy answered 2 years agoRelated Solutions
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Visit the EDGAR database. Access the 10-K report for the year ended December 31, 2017, filed...
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To access this information:
Search SEC.gov Company Filings for McDonald's by entering the
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Required
Does Mendocino Brewing use the direct or indirect method to
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Smith Corporation is reviewing the
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For each item listed, indicate the:
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Smith Corporation is reviewing the following transactions for
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Indicate the:
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Show computations where necessary. If you could copy and paste
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The Statements of Financial Position of Dream Limited for the year ended 31 December 2015 are...
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2015
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Assets:
Land
350
200
PPE
950
510
Accumulated depreciation
(380)
(240)
570
270
Cash at bank
20
-
Inventories
110
200
Accounts receivable
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180
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80
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8
Direct
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7
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...
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