Read https://picker.uchicago.edu/Enron/EnronAnnualReport1999.pdf
CASE STUDY QUESTIONS:
1) How did Enron account for the MIPS issue (as debt, equity, or
some hybrid of the two)? Do you think this was an accurate accounting?
Why or why not?
2) Now read this: http://people.stern.nyu.edu/adamodar/New_Home_Page/articles/mipsdescr.htm (Links to an external site.)
Does this change your answer to #1? Why or why not?
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