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9 Need this solved asap please. help me with the proper solutions. Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges
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Need this solved asap please. help me with the proper solutions.
Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 325,000 shares of common stock outstanding, declared a 3-for-1 stock split. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. What will be the number of shares outstanding after the split? Round your answer to nearest whole number. shares b. If the common stock had a market price of $390 per share before the stock split, what would be an approximate market price per share after the split? Round your answer to the nearest dollarStep by Step Solution
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