F(-3) = 8
Plug -3 into x and just solve it.
a. The number of shares outstanding after the stock split by Willey’s Grill & Restaurant Corporation is 670,000 (335,000 x 2).
b. If the common stock had a market price of $510 per share before the stock split, the approximate market price per share after the split is $255 ($510/2).
<h3>What is a stock split?</h3>
A stock split is a way that a corporation increases the number of its shares by increasing or decreasing the number of shares outstanding.
When a stock split increases the number of outstanding shares, the market price reduces proportionately.
<h3>Question Completion:</h3>
a. What will be the number of shares outstanding after the split? Round your answer to the nearest whole number.
b. If the common stock had a market price of $510 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.
Thus, the stock split increased the outstanding shares to 670,000 while reducing the market price to $255.
Learn more about stock splits at brainly.com/question/14247504
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Answer:
3350
Step-by-step explanation:
100 + 8 = 108%
108% is 3618
100% is x
108x = 3618 * 100
108x = 361800
x = 361800/108
= 3350
Hence, the original salary is HRK 3350
<em>Feel free to mark this as brainliest! :D</em>
-49/15 -3 4/15...........
