Effect of Stock Split Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 42,000 shares of common...

Extracted text: Effect of Stock Split Yeoman Grill Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Yeoman Grill Restaurant Corporation, which had 42,000 shares of common stock outstanding, dedared a 4-for-1 stock split a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $96 per share before the stock split, what would be an approximate market price per share after the split? per share