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Effect of stock split Willey's Grill 8. Restaurant Corporation wholesales ovens and ranges to restaurants...

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Effect of stock split Willey's Grill 8. Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest: Willey's Grill 8 Restaurant, which had 310,000 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? Round your answer to nearest whole number: shares b. If the common stock had a market price of $486 per share before the stock split, what would be an approximate market price per share after the split? Round your answer to the nearest dollar. 5

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