Willey's Giil 8 Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Gnill 8 Restaurant; which had 345,000 shares of common stock outstanding, deciared a 3-for-1 stock spliti a. What will be the number of shares outstanding after the split? x shares b. If the common stock had a market price of $360 per share before the stock sphit, what would be an approximate market price per share after the split? x per share Feedtack TOeneck My Wosk 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. Haw will the stock spilit offect the volue of the shares