Analyze and compare Amazon.com and Walmart

Amazon.com, Inc. $($AMZN$)$ is one of the largest Internet retailers in the world. Walmart Inc. $($WMT$)$ is the largest retailer in the United States. Amazon and Walmart compete in similar markets; however, Walmart sells through both traditional retail stores and the Internet, while Amazon sells only through the Internet. Earnings and common stock outstanding information was obtained from recent financial statements for both companies as follows $($in millions$)$:

Line Item DescriptionAmazonWalmartNet income$$11,588$$$14,881$Average number of common shares outstanding$4942,850$

a$.$Determine the earnings per share for each company. Neither company paid preferred stock dividends. Round your answers to two decimal places.