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The net income and average common shares outstandings for a grocery store chain are summarized as below. Period Ending Jan. 31 2015 Annual Net Income
The net income and average common shares outstandings for a grocery store chain are summarized as below.
| Period Ending Jan. 31 | 2015 Annual |
| Net Income (as reported) | 15,699 |
| 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 = 0.05534; diluted = 0.0532 | ||
| basic = 0.2204; diluted = 0.2213 |
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