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On March 21, 2021 Canadian Pacific Railway Limited (CP) and Kansas City Southern (KSU) announced that had entered into a merger agreement. (See this link.)

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On March 21, 2021 Canadian Pacific Railway Limited (CP) and Kansas City Southern (KSU) announced that had entered into a merger agreement. (See this link.) The merger would link CP rail lines and terminals across Canada and the US with KSU infrastructure connecting Kansas City and St. Louis with terminals in Mississippi, Louisiana, Texas, and Mexico. (See map in linked article.) 1. Compute the CP operating ratio for Q1 of 2021, and for the years of 2020 and 2019 using the following Income Statements. Show all of your work. WNERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) For the three months ended (in millions of Canadian dollars, except share and per share data) March 31 INTERIM CONSOUDATED STATEMENTS OF INCOME (unaudited) 2. Compute the KSU operating ratio for Q1 of 2021 and for the years of 2018 and 2019 using the following Income Statements. Show all of your work. On March 21, 2021 Canadian Pacific Railway Limited (CP) and Kansas City Southern (KSU) announced that had entered into a merger agreement. (See this link.) The merger would link CP rail lines and terminals across Canada and the US with KSU infrastructure connecting Kansas City and St. Louis with terminals in Mississippi, Louisiana, Texas, and Mexico. (See map in linked article.) 1. Compute the CP operating ratio for Q1 of 2021, and for the years of 2020 and 2019 using the following Income Statements. Show all of your work. WNERIM CONSOLIDATED STATEMENTS OF INCOME (unaudited) For the three months ended (in millions of Canadian dollars, except share and per share data) March 31 INTERIM CONSOUDATED STATEMENTS OF INCOME (unaudited) 2. Compute the KSU operating ratio for Q1 of 2021 and for the years of 2018 and 2019 using the following Income Statements. Show all of your work

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