Question

A small company has 10,000 shares. Joan owns 200 of these shares. The company decides to split its shares. What is Joan's ownership percentage after the split?

Answer 1

Answer:

2% is Joan's ownership percentage after the split

Step-by-step explanation:

As per the statement:

A small company has 10,000 shares. Joan owns 200 of these shares.

The company decides to split its shares.

⇒Total company shares = 10,000

and Joan's share = 200

We have to find Joan's ownership percentage after the split.

$\text{Joan's ownership percentage} = \frac{\text{Joan owns share}}{\text{Total company shares}} \times 100$

then;

$\text{Joan's ownership percentage} = \frac{200}{10000} \times 100 = 2 \%$

Therefore, 2% is Joan's ownership percentage after the split

Answer 2

Answer:

2%

Step-by-step explanation:

200 of 10,000 = 2