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Willeys Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willeys Grill & Restaurant, which had 370,000 shares of common stock
Willeys Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willeys Grill & Restaurant, which had 370,000 shares of common stock outstanding, declared a 3-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. Open spreadsheet a. What will be the number of shares outstanding after the split? fill in the blank 1 of 2 shares b. If the common stock had a market price of $558 per share before the stock split, what would be an approximate market price per share after the split? fill in the blank 2 of 2$
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