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Canadian National Railway Company and Canadian Pacific Railway Limited reported the following information in 2018:...

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Canadian National Railway Company and Canadian Pacific Railway Limited reported the following information in 2018: Canadian National Railway Company (in $ millions) $41,214 37,629 14,321 4,328 Total assets, 2018 Total assets, 2017 Sales, 2018 Net income, 2017 Canadian Pacific Railway Limited (in $ millions) $21,254 20,135 7,316 1,951 Industry averages were as follows: profit margin, 28.5%; asset turnover, 0.4 times; and return on assets, 11.4%. (a) For each company, calculate the (1) profit margin, (2) asset turnover, and (3) return on assets ratios for 2018. (Round answers to 1 decimal place, e.g. 5.2% or 5.2.) Canadian National Canadian Pacific (1) Profit margin % % (2) Asset turnover times times (3) Return on assets % %

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