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QUESTION
How did Enron account for the MIPS issue ( as debt, equity or some hybrid of the two)? What name does it give the MIPS issue on the balance sheet?
How did Enron account for the MIPS issue ( as debt, equity or some hybrid of the two)? What name does it give the MIPS issue on the balance sheet?
Enron accounted for the MIPS issue as debt and equity. It names the MIPS issue on the balancesheet as capital. Enron will be an example of a dysfunctional company for many years to come.It was...