ONE (8 Marks) Enron was, at one point, one of the largest companies in the United States. Despite being a multi-billion dollar company, Enron began losing money in 1997. The company also started racking up a lot of debt. Fearing a drop in share prices, Enron's management team hid the losses by misrepresenting them through tricky accountingnamely special purpose vehicles (SPVs), or special purposes entities (SPEs)resulting in confusing financial statements.The company's board of directors failed t