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.
[tex]\text{Joan's ownership percentage} = \frac{\text{Joan owns share}}{\text{Total company shares}} \times 100[/tex]
then;
[tex]\text{Joan's ownership percentage} = \frac{200}{10000} \times 100 = 2 \%[/tex]
Therefore, 2% is Joan's ownership percentage after the split
