{"id":5834,"date":"2019-09-30T04:11:10","date_gmt":"2019-09-30T04:11:10","guid":{"rendered":"http:\/\/churchedge.com\/illustrations\/index.php\/2019\/09\/30\/mules-and-accounting\/"},"modified":"2019-09-30T04:11:10","modified_gmt":"2019-09-30T04:11:10","slug":"mules-and-accounting","status":"publish","type":"post","link":"https:\/\/www.churchedge.com\/illustrations\/mules-and-accounting\/","title":{"rendered":"Mules and Accounting"},"content":{"rendered":"<p>[This parable helps explain the preliminary success of the Enron corporation]<\/p>\n<p>An old country farmer with serious financial problems bought a mule from another old farmer for $100, who agreed to deliver the mule the next day.  However, the next day he drove up and said, &#8220;Sorry, but I have some bad news: The mule died.&#8221;<\/p>\n<p>&#8220;Well, then, just give me my money back.&#8221;<\/p>\n<p>&#8220;Can&#8217;t do that.  I went and spent it already.&#8221;<\/p>\n<p>&#8220;OK, then.  Just unload the mule.&#8221;<\/p>\n<p>&#8220;What ya gonna do with a dead mule?&#8221;<\/p>\n<p>&#8220;I&#8217;m going to raffle him off.&#8221;<\/p>\n<p>&#8220;You can&#8217;t raffle off a dead mule!&#8221;<\/p>\n<p>&#8220;Sure I can.  I just won&#8217;t tell anybody he&#8217;s dead.&#8221;<\/p>\n<p>A month later the two met up and the farmer who sold the mule asked, &#8220;Whatever happened with that dead mule?&#8221;<\/p>\n<p>&#8220;I raffled him off just like I said I would.  I sold 500 tickets at $2 a piece and made a profit of $898.&#8221;<\/p>\n<p>&#8220;Didn&#8217;t anyone complain?&#8221;<\/p>\n<p>&#8220;Just the guy who won.  So I gave him his two dollars back.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[This parable helps explain the preliminary success of the Enron corporation] An old country farmer with serious financial problems bought a mule from another old farmer for $100, who agreed to deliver the mule the next day. However, the next day he drove up and said, &#8220;Sorry, but I have some bad news: The mule [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1719,1829,933,3290],"tags":[],"_links":{"self":[{"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/posts\/5834"}],"collection":[{"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/comments?post=5834"}],"version-history":[{"count":0,"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/posts\/5834\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/media?parent=5834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/categories?post=5834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.churchedge.com\/illustrations\/wp-json\/wp\/v2\/tags?post=5834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}