On its Form 10-K for the year ended December 31, 2018, 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 one decimal place. $ millions, except per share amounts 2018 2017 2016 Net income $28,147 $18,232 d. Answer Preferred stock dividends 1,451 b. Answer $1,682 Net income applicable to common shareholders 26,696 c. Answer $16,140 Average common shares outstanding 10,096.5 10,195.6 e. Answer Basic earnings per share a. Answer $1.63 $1.57
On its Form 10-K for the year ended December 31, 2018, 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 one decimal place. $ millions, except per share amounts 2018 2017 2016 Net income $28,147 $18,232 d. Answer Preferred stock dividends 1,451 b. Answer $1,682 Net income applicable to common shareholders 26,696 c. Answer $16,140 Average common shares outstanding 10,096.5 10,195.6 e. Answer Basic earnings per share a. Answer $1.63 $1.57
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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On its Form 10-K for the year ended December 31, 2018, 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 one decimal place.
| $ millions, except per share amounts | 2018 | 2017 | 2016 | |||
|---|---|---|---|---|---|---|
| Net income | $28,147 | $18,232 | d. | Answer
|
||
| 1,451 | b. | Answer
|
$1,682 | |||
| Net income applicable to common shareholders | 26,696 | c. | Answer
|
$16,140 | ||
| Average common shares outstanding | 10,096.5 | 10,195.6 | e. | Answer
|
||
| Basic earnings per share | a. | Answer
|
$1.63 | $1.57 |
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