In Order to Ensure an Investment-Grade Credit Rating, Enron Began

Multiple Choice

In order to ensure an investment-grade credit rating, Enron began to emphasize the following three actions:

A) Reducing accruals, increasing cash flow, and lowering debt
B) Smoothing accruals, increasing cash flow, and lowering debt
C) Increasing cash flow, lowering debt, and smoothing earnings
D) Increasing cash flow, lowering earnings and decreasing option expense
E) Increasing cash flow, lowering debt, and decreasing option expense