Knife Corp ​
-Refer to the Data for Knife Corp

question 81

Essay

Knife Corp.
Use the selected data presented below from the financial statements of Knife Corp.for 2018 and 2017 to answer the questions that follow.
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$\begin{array}{lrr}&2018&2017\\\text { Net income } & \$ 110,000 & \$ 123,000 \\\text { Cash dividends paid on preferred stock } & \$ 12,000 & \$ 15,000 \\\text { Cash dividends paid on common stock } & \$ 42,000 & \$ 38,000 \\\text { Weighted average number of common shares outstanding } & 105,000 & \$ 5,000 \\\text { Market price per share of common stock at the end of the year } & \$ 16.00 & \$ 13.00\end{array}$ ​
-Refer to the data for Knife Corp.
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Required
(A)Calculate the dividend yield ratio for 2018 for Knife.Explain.
(B)What factors could have caused the change in the market value of Knife's stock from 2017 to 2018? Explain.

Distinguish between different types of organizational cultures.

Know the methods and challenges associated with changing organizational culture.

Acknowledge the presence of subcultures within organizations and their impact.

Understand the relationship between national culture and organizational culture.

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Definitions:

Troop Levels

The number of military personnel active in a particular area or assigned to a specific task or mission.

Richard M Nixon

The 37th President of the United States, serving from 1969 to 1974, who resigned from office due to the Watergate scandal.

Bombing

The act of using explosive devices to attack targets, often used in warfare, terrorism, or political violence.

Invasion

The act of entering another country or territory by force with the intention of conquest or occupation.