Essays Tagged: "General Foods"
Berkshire Hathaway
IssuesWarren Buffet invoked the substance-over-form concept to justify accounting for the GEICO and General Foods transactions as dividends distributions rather than sales of stock. Do you agree with ... ccounting treatment. In 1984, another company in which Berkshire had a significant equity interest, General Foods, announced a stock buyback plan. Again, Berkshire structured the sale of stock to Gene ...
Subjects: Businesss Research Papers > Accounting