Knife Corp. Use the Selected Data Presented Below from the Financial Statements

question 144

Essay

Knife Corp.
Use the selected data presented below from the financial statements of Knife Corp.for 2012 and 2011 to answer the questions that follow.
Refer to the data for Knife Corp.
REQUIRED:
(A)Calculate earnings per share for 2012 for Knife.Why is this considered one of the most quoted ratios for public companies? Which investors,common or preferred or both,desire this information?
(B)Calculate the price/earnings ratio for 2012 for Knife.Why is this ratio important to investors? Explain.

---

Definitions:

Cross-Cultural Research

The examination of cultural variances and similarities in behavior, attitudes, and norms across different societies.

Effective Leadership

The capability of a leader to inspire, influence, and guide others toward achieving organizational goals successfully.

Morally Justifiable

relates to actions or decisions that can be defended on ethical grounds, being in alignment with moral principles or values.

Servant Leadership

A leadership philosophy that emphasizes the leader's role as serving the needs of others first and foremost.