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Artist 52
[7]
3 years ago
15
A small company has 10,000 shares. Stephen owns 500 of these shares. The company decides to split its shares. What is Stephen's
ownership percentage after the split?
Mathematics
Answer
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answer:
Sergeu
[11.5K]
3 years ago
7
0
So the company splits there shares now every thing doubles now there are 20,000 shares and you own 1,000 to find the answer you divide a
1,000 by 20,000 which will give you 0.05 then you multiply
0.05 by 100 and you get 5
So after the split you own 5% of the company
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