asked 88.3k views
2 votes
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?

2 Answers

1 vote

Answer:

5%

Explanation:

Trust

answered
User Mike Samuel
by
8.6k points
1 vote
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
answered
User Nirali Kavar
by
8.0k points
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