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Compare the relative performance of Canadian Pacific (CP) and Norfolk Southern (NS) with their industry peers on an ROIC basis. (Given limitations on comparable data,
Compare the relative performance of Canadian Pacific ("CP) and Norfolk Southern ("NS") with their industry peers on an ROIC basis. (Given limitations on comparable data, calculate ROIC excluding goodwill based on September 2015 NOPAT/September 2015 IC and assume all industry participants have a 36% tax rate.Also assume that BNSF has $14.803 billion in goodwill while the other industry participants have zero.) What underlying factors seem to explain the relative performance of strong performers versus weak performers?
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