Effect of stock split

Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 335,000 shares of common stock outstanding, declared a 2-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.

What will be the number of shares outstanding after the split?

shares

b. If the common stock had a market price of $474 per share before the stock split, what would be an approximate market price per share after the split?

Spreadsheet:

WIlley's Grill \& Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill 8 Resteurant, which had 335 , 00o shares of common stock outstanding, declared a 2-for-1 stock split. This information has been collected in the Microsoft Excel Online file. Open the spreadshert, 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? shares b. If the common stock had a market price of $474 per share before the stock spit, what would be an approximate market price per share after the split? Willey's Grill 8 Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill \& Restaurant declared a stock split: REQUIRED: a. What will be the number of shares outstanding after the split? b. What would be an approximate market price per share after the split? Using formulas and coll references from the problom data, perform the required analysis. Formulas entered in the green cells show in the orange cells. Transfer amounts to CNOWv2 for grading