The following financial information (in millions except for per share amounts) is for two major corporations for the three fiscal years ended December 31 as follows:

Neither company has preferred shares issued.
Instructions:
(a) Calculate earnings per share and the price-earnings and dividend payout ratios for each company for 2014, 2013, and 2012. Comment on whether their ratios have improved or deteriorated.
(b) Compare Canadian Pacific's ratios with Canadian National's.
TAKING IT FURTHER
Why is the presentation of fully diluted earnings per share required under IFRS, given that it is a hypothetical number?

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Canadian Pacific Railway Limited Weighted average number of common shares Profit Dividends Market price per share (December 31) Canadian National Railway Company Weighted average number of common shares Profit Dividends Market price per share (December 31) 2014 2013 174.9 $ 875 S 246 $160.65 2013 843.1 $2,612 724 $60.56 2012 172.8 1,476 $223.75 2014 S 484 S 232 $100.90 2012 871.1 $2,680 652 90.33 241 819.9 $3,167 818 $80.02