Please do not give solution in image format thanku Current Attempt in ProgressThe following financial information (in millions except for per share amounts) is for two major corporations for the three fiscal yearsended December 31 as follows:Canadian Pacific Railway LimitedWeighted average number of common sharesProfitDividendsMarket price per share (December 31)Canadian National Railway CompanyWeighted average number of common sharesProfitDividendsMarket price per share (December 31)Neither company has preferred shares issued.(a1)Ratio1.Earningspershare2. Price-earningsratio3.PayoutratioRatio1.Earningspershare2. Price-earningsratio3.Payoutratio$Save for Later$eTextbook and Media2017Calculate earnings per share and the price-earnings and dividend payout ratios for each company for 2017, 2016, and 2015. (Roundearnings per share and price-earnings ratio answers to 2 decimal places, e.g. 52.76. Round payout ratio answers to 3 decimal places, e.g. 5.276.)20172017$2,405$319$229.66145.9times2017$5,484$1,239$103.65753.6times2016$149.6$1,599$274$191.56$2016776.0$3,640$1,159$90.362015159.7$1,352$221$176.732015Canadian Pacific Railway Limited2016800.7$3,538$996$77.35Canadian National Railway Company2016times100times$20152015Attempts: 0 of 2 usedtimetimeSubmit Answer

Earnings per share - Net Income / No. of Common stockprice-earnings - Market Value per share /…

Current Attempt in Progress The following financial information (in millions except for per share amounts) is for two major corporations for the three fiscal y ended December 31 as follows: 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) Ratio 1. Earnings per share 2. Price- earnings $ 2017 2017 145.9 $2,405 $319 $229.66 times 2017 753.6 $5,484 $1,239 $103.65 2016 149.6 Neither company has preferred shares issued. (a1) Calculate earnings per share and the price-earnings and dividend payout ratios for each company for 2017, 2016, and 2015. (R earnings per share and price-earnings ratio answers to 2 decimal places, e.g. 52.76. Round payout ratio answers to 3 decimal places, e.g. $1,599 $274 $191.56 2016 776.0 $3,640 $1,159 $90.36 2015 159.7 $1,352 $221 $176.73 2015 800.7 $3,538 $996 $77.35 Canadian Pacific Railway Limited 2016 times 2015

Current Attempt in Progress The following financial information (in millions except for per share amounts) is for two major corporations for the three fiscal y ended December 31 as follows: 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) Ratio 1. Earnings per share 2. Price- earnings $ 2017 2017 145.9 $2,405 $319 $229.66 times 2017 753.6 $5,484 $1,239 $103.65 2016 149.6 Neither company has preferred shares issued. (a1) Calculate earnings per share and the price-earnings and dividend payout ratios for each company for 2017, 2016, and 2015. (R earnings per share and price-earnings ratio answers to 2 decimal places, e.g. 52.76. Round payout ratio answers to 3 decimal places, e.g. $1,599 $274 $191.56 2016 776.0 $3,640 $1,159 $90.36 2015 159.7 $1,352 $221 $176.73 2015 800.7 $3,538 $996 $77.35 Canadian Pacific Railway Limited 2016 times 2015

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 3PA: The following selected accounts appear in the ledger of EJ Construction Inc. at the beginning of the...

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