A small company has 10,000 shares. Joan owns 200 of these shares. The company decides to split its shares. What is Joan's owners
2 answers:
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.
then;
Therefore, 2% is Joan's ownership percentage after the split
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