Effect of spi Copper Gril Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest, Copper Grill Restaurant Corporation, which had 66,000 shares of common stock outstanding declared a 3-for-1 split a. What will be the number of shares outstanding after the split shares b. If the common stock had a market price of $116 per share before the stock spr, what would be an approximate market price per share after the

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Effect of Stock Split
Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant Corporation, which i
split.
a. What will be the number of shares outstanding after the split?
shares
b. If the common stock had a market price of $156 per share before the stock split, what would be an approximate market price per share after the sp
per share
Transcribed Image Text:Effect of Stock Split Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Grill Restaurant Corporation, which i split. a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $156 per share before the stock split, what would be an approximate market price per share after the sp per share
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Effect of c
Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Gri Restaurant Corporation, which had 66,000 shares of comme suck outstanding declared a 3-for-1 ston
split
a. What will be the number of shares outstanding after the split
b. If the common stock had a market price of $155 per share before the stock split, what would be an approximate market price per share after the st
per share
Transcribed Image Text:eBook Show Me How Effect of c Copper Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Copper Gri Restaurant Corporation, which had 66,000 shares of comme suck outstanding declared a 3-for-1 ston split a. What will be the number of shares outstanding after the split b. If the common stock had a market price of $155 per share before the stock split, what would be an approximate market price per share after the st per share
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