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1. Check the Information provided in the 2018 Annual Report of Lincoln Electric Company (and Form 10-K, page 15) and prepare a tabulation indicating the
1. Check the Information provided in the 2018 Annual Report of Lincoln Electric Company (and Form 10-K, page 15) and prepare a tabulation indicating the net sales ($M ), net income ($M), and cash dividends declared for the fiscal years 2018 , 2017 , 2016 , 2015 , and 2014 in that order . The 2018 Annual Report could be found under "Investor Relations" on the company's website. (5 marks) 2. As a follow-up to question 1 above, refer to the first set of pages In the Annual Report. Please state fully, and in numbered fashion, what are the constituent elements of the Golden Rule which the company has embraced . Also , having studied the Seminar Reading , do you, as a very serious student of management, believe that the company actually follows all the elements of the Golden Rule ? Do explain your answer the latter part of this question. (4 marks)
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