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Following is the balance sheet for Medtronic PLC for the year ended April 2 9 , 2 0 1 6 . Medtronic plc Consolidated Balance
Following is the balance sheet for Medtronic PLC for the year ended April
Medtronic plc
Consolidated Balance Sheets
$ millions Apr. Apr.
Current assets
Cash and cash equivalents $ $
Investments
Accounts receivable
Inventories
Tax assets
Prepaid expenses and other current assets
Total current assets
Property, plant, and equipment, net
Goodwill
Other intangible assets, net
Longterm tax assets
Other assets
Total assets $ $
Current liabilities
Shortterm borrowings $ $
Accounts payable
Accrued compensation
Accrued income taxes
Deferred tax liabilities
Other accrued expenses
Total current liabilities
Longterm debt
Longterm accrued compensation
Longterm accrued income taxes
Longterm deferred tax liabilities
Other longterm liabilities
Total liabilities
Shareholders equity
Ordinary shares
Retained earnings
Accumulated other comprehensive loss
Total shareholders equity
Total liabilities and shareholders equity $ $
Use the following assumptions to forecast the companys balance sheet for FY
Forecasted FY net income $ million
Forecasted FY net sales $ million
Accounts receivable of net sales
Inventories of net sales
Tax assets of net sales
Prepaid expenses and other current assets of net sales
Longterm tax assets of net sales
Other assets of net sales
Accounts payable of net sales
Accrued compensation of net sales
Accrued income taxes of net sales
Other accrued expenses of net sales
Longterm accrued income taxes of net sales
Longterm deferred tax liabilities of net sales
Other longterm liabilities of net sales
Investments No change
Goodwill No change
Longterm accrued compensation and retirement benefits No change
Ordinary shares No change
Accumulated other comprehensive loss No change
CAPEX of net sales
Depreciation expense of prior year PPE, net
Amortization expense in FY $ million
Current maturities of debt due in FY $ million
Current maturities of debt due in FY $ million
Dividend payout ratio
Round your answers to the nearest whole number.
Use a negative sign with your Accumulated other comprehensive loss answer.
Medtronic plc
Forecasted Consolidated Balance Sheet
$ millions EST.
Current assets
Cash and cash equivalents Answer
Investments Answer
Accounts receivable Answer
Inventories Answer
Tax assets Answer
Prepaid expenses and other current assets Answer
Total current assets Answer
Property, plant, and equipment, net Answer
Goodwill Answer
Other intangible assets, net Answer
Longterm tax assets Answer
Other assets Answer
Total assets Answer
Current liabilities
Shortterm borrowings Answer
Accounts payable Answer
Accrued compensation Answer
Accrued income taxes Answer
Other accrued expenses Answer
Total current liabilities Answer
Longterm debt Answer
Longterm accrued compensation Answer
Longterm accrued income taxes Answer
Longterm deferred tax liabilities Answer
Other longterm liabilities Answer
Total liabilities Answer
Shareholders equity
Ordinary shares
Retained earnings Answer
Accumulated other comprehensive loss Answer
Total shareholders equity Answer
Total liabilities and shareholders equity Answer
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