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i need help on all parts thank you CalculOe and evaluate ratios P2: Canadian National Railway Company and Canadian Pacific Railway Limited reported the following
i need help on all parts thank you
CalculOe and evaluate ratios P2: Canadian National Railway Company and Canadian Pacific Railway Limited reported the following information in 2018: Canadian National Railway Canadian Pacific Railway Company (in $ millions) Limited (in $ millions) Total assets, $41,214 $21,254 2018 Total assets, 37,629 20,135 2017 Sales, 14,321 7,316 2018 Net income, 4,328 1,951 2018 Industry averages were as follows: profit margin, 28.5%; asset turnover, 0.4 times; and retum on assets, 11.4%. Instructions 1. For each company, calculate the (1) profit margin, (2) asset turnover, and (3) return on assets ratios for 2018. 2. Based on your calculations in part (a), comment on how effectively each company is using its assets to generate sales and earn net income. 3. What additional information about non-current assets would help you compare these two companies? Use templates where requiredStep by Step Solution
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