The now defunct Enren Corporation, once headquartered in Houston. Texas, provided produces and services for natural gas, electricity, and communications to wholesale and retail customers. Enron’s operations were conducted through a variety of subsidiaries and affiliates that involved transporting gas through pipelines, transmitting electricity, and managing energy commodities. The following data was taken from Enron’s financial statements. 

The market price of Enron’s stock was approximately $85 per share when the prior financial  statement data was taken. Before it went bankrupt. Enron’s stock for $0.22 per share.  

Review the preceding financial statement data and search 

Transcribed Image Text:

In millions Total revenae s $100,789 Total casts and axpenses 98836 Operating income 1,953 Net inceme 979 Total assets 65,503 Total liabilities $4.033 Total sto ckholders' equity 11.470 Net cash flows from operating activities Net cash flows from Investing activities Net cash flows from financing activities 4.779 (4,264) 571 Net increase in cash 1,000