Cisco Systems Inc. reported the following in its income statement for the year ended July 30, 2016: Basic earnings per share of $2.13 and diluted earnings per share of $2.11. There were 5,053 million weighted average basic shares were outstanding during the year.
What approximate net income, did the company report for 2016?
A) $ 7,624 million
B) $10,662 million
C) $10,763 million
D) $ 4,310 million
E) None of the above

Question

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The Answer of Cisco Systems Inc. reported the following in its income statement for the year ended July 30, 2016: Basic earnings per share of $2.13 and diluted earnings per share of $2.11. There were 5,053 million weighted average basic shares were outstanding during the year.
What approximate net income, did the company report for 2016?
A) $ 7,624 million
B) $10,662 million
C) $10,763 million
D) $ 4,310 million
E) None of the above