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Show Me How Office 365 Chegg.com CengageNOWV2 Online ffect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout
Show Me How Office 365 Chegg.com CengageNOWV2 Online ffect 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 ommon 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 equired 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 shares b. If the common stock had a market price of $498 per share before the stock split, what would be an approximate market price per share after the spit? Round your answer to the nearest dollar.
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