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Accounting Question

Overview

Chapter 13 Online Journal

REQUIRED:

These 3 companies: Amazon, Alphabet and Tesla had their latest stock splits in 2022. Read the following three announcements.

Amazon Stock SplitLinks to an external site.

Alphabet Stock SplitLinks to an external site.

Tesla Stock SplitLinks to an external site.

As part of this assignment, answer the following questions:

1. What is a stock split?

2. Do stock splits affect the total amount of money you own as an investor?

3. Do stock splits affect the total number of shares you own as an investor?

4. Why did these companies split its stock?

5. Out of the three companies mentioned above, whose stock would you buy and why?