National City Bank has 646,749,650 shares of common stock outstanding that are currently priced at $37.55 per

Question:

National City Bank has 646,749,650 shares of common stock outstanding that are currently priced at $37.55 per share. If its net income is $2,780,955,000, what are its earnings per share and price earnings ratio?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...