I need help with this ethical dilemma.

You are a staff accountant with Munson-Libra Industries, a multinational company that manufactured and sold orthopedic devices.After the fiscal year-end, you are working with the controller to prepare the geographic disclosures.Yesterday you presented the controller with the following summary information:

($ in millions)

Domestic Libya Egypt France Cayman Island Total

Revenues 845 222265 3432311 3986

Operating Income 145 76 88 21 642 972

Assets 1005 301 290 38 285 1919

Today, you find the following memo on your desk:Great job!Let's combine the data like this:

($ in millions)

Domestic Africa Europe Total

Revenues 845 487 2654 3986

Operating Income 145 164 663 972

Assets 1005 591 323 1919

Because of political instability in North Africa, let's not disclose specific countries.In addition, we restructured most of our French sales and some of our U.S. sales to occur through our offices in the Cayman Islands.This allows us to avoid paying higher taxes in those countries.The Cayman Islands has a 0% corporate income tax rate.We don't want to highlight our ability to shift profits to avoid taxes.

Requirement:

1.Analyze the ethical dilemma presented above by using the Analytical Model for Ethical Decisions.

2.Determine the facts of the situation (the who, what, where, when, and how).

3.Identify the ethical issue and the stakeholders.

4.Identify the values related to the situation.

5.Specify the alternative courses of action.

6.Evaluate the courses of action in terms of their consistency with the values identified in step 3.

7.Identify the consequences of each possible course of action.

8.Make your decision