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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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