Answer:
Wanda is most likely to refuse.
Explanation:
The stage 4 of Kohlberg's Moral Development Model is defined as the Law and Order Orientation Stage, in which doing what is dutiful is paramount. If Wanda accepted his supervisor's demands, she would be breaking a law (the GAAP), and this act would therefore go against what the Kohlberg's model proposes. She will most likely respect the law despite the conquesequences that this might have on her personal life (for example, being fired).
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Answer:
$18.3 million
Explanation:
Financing activities: It includes those activities which comes under the long term liabilities and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption, dividend, and the purchase of treasury stock is an outflow of cash.
The computation of the amount reported as a net cash flows from financing activities is shown below:
Cash flow from Financing activities
Issuance of common stock $38.6 million
Less: Purchase of treasury stock -$20.3 million
Net Cash flow from Financing activities $18.3 million