Nilley's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants chroughout the Southwest. Willey's Grill & Restaurant declared a stock split: DATA Shares outstanding before the stock split Stock split Market price per share before the stock split 330,000 2 for 1 $402 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 (C12:C13) into the appropriate fields in CNOWV2 for grading.

Financial & Managerial Accounting
13th Edition
ISBN:9781285866307
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter11: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 11.4CP
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Effect of stock split
1.
Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants
2 throughout the Southwest. Willey's Grill & Restaurant declared a stock split:
DATA
Shares outstanding before the stock split
Stock split
7.
Market price per share before the stock split
8.
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.
2 for 1
$402
11
Amounts
Formulas
12 a. Shares outstanding after the stock split
13 b. Market price per share after the stock split
14
15
17
18
20
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23
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25
26
27
28
A Data
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Transcribed Image Text:2 34 56 https://cxp.cengage.com/activityservice/run/htm15/handler.jsp?id%3D267bc9ff8640557_gv C Chapter 13 Ho... C CengageNOw.. 因 E Homework 2:.. Course Modul... Dashboard Digital Illustrat... Assignment:. O Search (Option + Q) Excel template - Saved v Insert Draw Page Layout Formulas Data Review View Help O Editing v File Home A ab. V 10 00 Arial ... B. 00 A $ C12 fx H. I C. K. E. Effect of stock split 1. Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants 2 throughout the Southwest. Willey's Grill & Restaurant declared a stock split: DATA Shares outstanding before the stock split Stock split 7. Market price per share before the stock split 8. 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. 2 for 1 $402 11 Amounts Formulas 12 a. Shares outstanding after the stock split 13 b. Market price per share after the stock split 14 15 17 18 20 21 23 24 25 26 27 28 A Data Calculation Mode: Automatic Workbook Statistics MacBook Pro esc # $ 3. 5. 9 8. 6 R ヨ T S
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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 330,000 shares of
common stock outstanding, declared a 2-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. If the common stock had a market price of $402 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.
( Previous
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Save and Exit
Submit Assignment for Grading
MacBook Pro
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Transcribed Image Text:* 00 %24 日 A v2.cengagenow.com ustration Assignment: Wh... Homework 2: ans... Course Modules:... Chapter 13 Hom... CengageNOWv2 .. CH13 Quiz/Test Module One; We.. eBook Show Me How Office 365 Effect of stock split Willey's Grill & Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Willey's Grill & Restaurant, which had 330,000 shares of common stock outstanding, declared a 2-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. If the common stock had a market price of $402 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. ( Previous Next Check My Work Email Instructor Save and Exit Submit Assignment for Grading MacBook Pro The $ 5. 9 T ヨ R.
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