This case is based on a cash flow reporting fraud at Enron. The case is available online

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This case is based on a cash flow reporting fraud at Enron. The case is available online in the Connect library. To complete this case, you will evaluate the statement of cash flow effects of misclassifying a loan as a sale.

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Question Posted: Nov 02, 2015 06:03 AM

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This case is based on a cash flow reporting fraud at Enron. The case is available online

Question:

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Req 1 The payment from Merrill Lynch to Enron does not automatically make the Nigerian barge transaction a sale When a loan is established between a l...View the full answer

Fundamentals of Financial Accounting

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