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Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 3

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Effect of stock split
Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 345,000 shares of common stock outstanding, declared a 3-for-1 stock split.
a. What will be the number of shares outstanding after the split?
shares
b. If the common stock had a market price of $360 per share before the stock split, what would be an approximate market price per share after the split?
5 per share
Dividends on preferred and common stock preferred 2% stock, $10 par, and 500,000 shares of common stock, $15 par.
Required: form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0".
\table[[Year,\table[[Total],[Dividends]],\table[[Preferred],[Dividends],[Total]],\table[[Preferred],[Dividends],[Per Share]],\table[[Common],[Dividends],[Total]],\table[[Common],[Dividends],[Per Share]]],[20Y1,$60,000,$,$,$,$
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