maybe, possibly, and it depends.
if the PC is modern (keyword: gigabit Ethernet) then the ethernet port/socket on the back will auto-configure and you can just slap a cable between it and the printer, set the IP address, subnet mask and gateway on each and you're done. If it's (the PC) is older, then you'll need a less common type of ethernet cable called a 'crossover' cable.
setting the address, mask and gateway isn't a big deal but you need to a sense as to what will work. The numbers below will work in your
situation (1 PC connected to the printer and no other networking involved)
PC:
IP address: 192.168.0.10
mask: 255.255.255.0
gateway: 192.168.0.1 (this value actually doesn't matter at all since you're not connected to a larger network)
Printer:
IP address: 192.168.0.11
mask: 255.255.255.0
gateway: 192.168.0.1 (this value actually doesn't matter at all since you're not connected to a larger network)
** notice that the only difference between the 2 is the IP address **