Thursday April 3 2014
Google split this week. We are studying the equity side of the blaance sheet in intermediate accounting. Stock splits and stock dividends are part of that discussion. Please read this article to understand how the original owners of GOOG are increasing their hold over the company. They are receiving Class B shares with significantly more voting right. Other existing shareholders get Class C Shares, worth half their exisitng shares but sorry charlie, no voting rights.
An alert student in class noted that more companies are starting to follow the Buffet BRK model of not splitting shares. GOOG, AMZN, TSLA are all following this model.
Professor Elam 
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