Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act...
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Accounting
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following questions.
Question 1: Name and explain two aspects of the Sarbanes - Oxley Act of 2002.
Question 2: Ratio Analysis. Using the 2000 Enron 10-K, calculate 2 years of the following liquidity, solvency and profitability ratios. Include your calculations and analysis for these ratios and what they tell you about the company in a minimum of 1 page.
Liquidity: Current ratio, Accounts receivable turnover
Solvency: Debt to assets ratio, Times interest earned
Profitability: Profit margin, Earnings per share
Please show your calculations
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