Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 370,000 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. X Open spreadsheet a. What will be the number of shares outstanding after the split? Round your answer to nearest whole number. X shares b. If the common stock had a market price of $546 per share before the stock split, what would be an approximate market price per share after the split? Round your answer to the nearest dollar. $ Feedback x Check My Work What happens to the number of shares when a company has a stock split? Recall the reasons why a company might declare a stock split. How will the stock split affect the value of the shares