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effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 375,000 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. Dpen spreadsheet What will be the number of shares outstanding after the split? Round your answer to nearest whole number. shares Ir 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 split? Round your answer to the nearest dollar.

effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 375,000 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. Dpen spreadsheet What will be the number of shares outstanding after the split? Round your answer to nearest whole number. shares Ir 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 split? Round your answer to the nearest dollar.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 375,000 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. Ir 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 split? Round your answer to the nearest dollar.
Transcribed Image Text:effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 375,000 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. Ir 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 split? Round your answer to the nearest dollar.
D. G L Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants 2 throughout the Southwest Willey's Grill & Restaurant declared a stock split: 3. DATA Shares outatanding before the stock spit Slock spit Market price per share before the stock split 375,000 3 for 1 $498 Using formulas and cell references, perform the required analysis, and input your answers into the Amounts column. Transfer the numeric results for the green entry cells 9 (C12 C13) into the appropriate fields in CNOWV2 for grading. 10 Amounts Formulas 12 a Shares outstanding ater the stock spit 13 b Market prioe per share aher the stock spin 14 17 18 19 -20 21 24 E Data Calutatn Mede Automati Wa atts OLoading Addins Ge fed
Transcribed Image Text:D. G L Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants 2 throughout the Southwest Willey's Grill & Restaurant declared a stock split: 3. DATA Shares outatanding before the stock spit Slock spit Market price per share before the stock split 375,000 3 for 1 $498 Using formulas and cell references, perform the required analysis, and input your answers into the Amounts column. Transfer the numeric results for the green entry cells 9 (C12 C13) into the appropriate fields in CNOWV2 for grading. 10 Amounts Formulas 12 a Shares outstanding ater the stock spit 13 b Market prioe per share aher the stock spin 14 17 18 19 -20 21 24 E Data Calutatn Mede Automati Wa atts OLoading Addins Ge fed
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