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/17153283
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Answer:
Hi , how are you ig .
Step-by-step explanation:
Answer:
you are building a fence for your dog and it needs to be a square. One side is 20 ft long. What is the perimeter of the fenced area?
Step-by-step explanation:
The answer would be 80 ft long since it is a square and all sides are equal so you would just add 20 ft 4 times. hope this helped :)
Answer:
6
Step-by-step explanation:
8x+42=15x
subract 8x on both sides
42=7x
divide by 7 on both sides
x=6
plz mark brainliest
Answer:
Ashley bought 6 rainbow stickers and 8 balloon stickers for her little sister.
Step-by-step explanation:
Let the number of rainbow sticker be x and number of balloon stickers be y.
Cost a single rainbow sticker= 6 cents
Cost a single balloon sticker= 4 cents
Cost a single x rainbow sticker= 6 cents × x
Cost a single y balloon sticker= 4 cents × y
Total number of stickers bought = 14
x + y =14 ..[1]
Total money spend on stickers = 68 cents
6x cents+4y cents=68 cents
...[2]
Putting value of from [1] into [2];
x = 14 - y
x = 14 -y =14 - 8 = 6
Ashley bought 6 rainbow stickers and 8 balloon stickers for her little sister.
