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The net income and average common shares outstandings for a grocery store chain are summarized as below. 2015 Annual 15,699 Period Ending Jan. 31 Net
The net income and average common shares outstandings for a grocery store chain are summarized as below. 2015 Annual 15,699 Period Ending Jan. 31 Net Income (as reported) Avg. Common Shares Outstanding Basic 3,460 Diluted 3,474 Now, the stock price on Jan. 31, 2015 was trading at $ 85. What would be the diluted P/E and the basic P/E in 2015? basic = 4.5373; diluted = 4.5190 basic = 18.7337; diluted = 18.8095 basic = 0.2204; diluted = 0.2213 basic = 0.05534; diluted = 0.0532
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