Question: obj. 4 EX 12-11 Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill &

obj. 4 EX 12-11 Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 325,000 shares of common stock out- standing, declared a 3-for-1 stock split. A. What will be the number of shares outstanding after the split? B. If the common stock had a market price of $450 per share before the stock split, what would be an approximate market price per share after the split

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