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Calculating and Interpreting EPS Information Wells Fargo reports the following information in its 2015 Form 10-K. in millions

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Answer #1
2015 2014
Net income $25,116 $25,279
Less: Preferred stock dividends $1,646 $1,458
a Net income after preferred dividends $23,470 $23,821
b Average common shares oustanding       5,136.5       5,237.2
c Basic EPS (a)/(b) $4.57 $4.55

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