Question: 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
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 | $17,287 | $4,833 | d. | Answer Incorrect | ||
| Preferred stock dividends | $1,483 | b. | Answer Incorrect | $1,349 | ||
| Net income applicable to common shareholders | $15,804 | c. | Answer Incorrect | $9,993 | ||
| Average common shares outstanding | 10,462.282 | 10,527.818 | e. | Answer Incorrect | ||
| Basic earnings per share | a. | Answer Incorrect | $0.34 | $0.94 |
Step by Step Solution
3.28 Rating (154 Votes )
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
