Tom has come to a decision on what to do with the ubiquitous accrual value. 60% of this value should be credited to Greg's Transport expense on a monthly basis. Tom, in turn, will cover Ed on this portion of the expense. For example: Accrual Value comes out to be $300,000 for the month of April. This means that: Greg's portion of this value is 60% of $300,000 = $180,000 Tom's portion of this value is 40% of $300,000 = $120,000 Greg's Transport Expense is ($700,000) So, Tom will cover $180,000 of this expense Greg's adjusted Expense is ($520,000) Greg's P&L is net better off by the $180,000 of accrual value Tom's P&L is net better off by $120,000 of accrual value which had not been previously recognized. Ed's P&L is net unchanged from all of the above. Call with questions. Eric x3-0977
Q: What is a potential subject line for this email?
answer: FINAL DECISION ON ACCRUAL VALUE
Mark, I would appreciate it if you could get back to me as soon as possible on the issue of Enron's continued use of the HPL name on the EOL documents. In my letter of September 27th, I had requested Enron remedy this situation by October 1st but that has not happened. I'm sure you can appreciate our interest in resolving this matter promptly, so please let me hear from you as soon as possible. Thank you,
Q: What is a potential subject line for this email?
answer: Unauthorized use of Houston Pipe Line Company Name
Mary, Here is another one from Candy. Might want to check with AEW to make sure she hasn't taken care of this already. Thanks for your help.
Q: What is a potential subject line for this email?
answer: HPL Resources Company
Per our conversation, it appears that the two companies are going to merge in October? Looking at Lotus Notes, I don't think we could pick two bigger dogs of masters to have in place. I don't think we want either master to be the survivor master. With Chase we have an old 1987 Interest Rate and Currency Exchange Agreement and with Morgan we have a Master Energy Price Swap Agreement. Yuk, yuk. If I had my druthers I say, LET'S START OVER. I know it's far reaching, but maybe we could make it our goal to have this master replaced by October. Do you think that's do-able? Do we have a contact at Chase/Morgan we can start dealing with? I'm going to add chase to the Legal/Credit list just as a tickler for us to get this thing rolling.
Q: What is a potential subject line for this email?
answer:
Chase Manhattan/Morgan Guaranty Merger