Hi, I have a quesoin about Enron Case. Requirement: In late February of 2001,...
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Accounting
Hi, I have a quesoin about Enron Case.
Requirement: In late February of 2001, you have been chosen to write an article for magazine to be published in the magazine in April 2001. The deadline for publication is March 10, 2001. The magazine regulary analyzes the financial statements of public companies. Enron has just published its financial statements for the year ended December 31, 2000. At that time you are given the assignment Enron's share price is over $80 per share. The magazine company want you to tell investors what they need to know from the financial statements. Your assessment needs to be a combitaion of both a fundamental financial analysis, covering profitability, cash flow, liquidity and solvency risk and view of business model and its risks and other insights gleaned from the document files with the SEC.
I know I will have to read 10Q and answer the question. But can you explain to me bold line? Is this suggestion that I have to give it to investor? Please help me. Thanks.
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