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Obj. 4 Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 325,000 shares of
Obj. 4 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. What will be the number of shares outstanding after the split? If the common stock had a market price of $450 per share before the stock split, what would be an approximate market price per share after the split?
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