1 Do some research regarding the infamous Enron accounting scandal and discuss how the company fraudulently reported their financials, with specific emphasis on the issues surrounding consolidation and variable interest entities.  Note: FIN 46R 

2.What is the difference between a companies market value and book value?  How is the market value and the book value related to earnings per share?  What is the market value and the book value for the public companys : McDonalds, Ford Motor Co.,, Walmart   Why is there a difference in this number?  

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