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please do correctly urget needed .. thanks Forecast the Statement of Cash Flows Refer to the Medtronic PLC financial statements below. Use the information to
please do correctly urget needed ..
Forecast the Statement of Cash Flows Refer to the Medtronic PLC financial statements below. Use the information to forecast Medtronic's FY2017 statement of cash flows. Medtronic pic Consolidated Statements of income 12 Months Ended (5 millions) 2017 EST. Apr. 29, 2016 Net sales $35,531 $28,833 Costs and expenses Cost of products sold 11,151 9,142 Research and development expense 2.224 Selling general, and administrative expense 9,469 70 Special charges (gains), net Restructuring charges, net Certain litigation charges, net Acquisition related items Amortization of intangible assets Other expense, net Operating profit Interest expense, net Income from operations before income taxes 6.570 Provision for income taxes 1,314 Net income $5,256 Medtronic plc Consolidated Balance Sheets millions) 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 Long-term tax assets Other assets Total assets Current liabilities Short-term borrowing Accounts payable Accrued compensation Accrued income taxes Other accrued expenses Total current liabilities Long-term debt Long-term accrued compensation & retirement benefits Long-term accrued income taxes Long-term deferred tax liabilities Other long-term liabilities Total liabilities Shareholders' equity Ordinary shares Retained earnings Accumulated other comprehensive (loss) Total shareholders' equity Total liabilities and stockholders' equity 2,709 11,538 . 218 + 352 1,931 107 7,525 955 26 283 1,931 107 5,291 290 955 4336 798 $3,538 2017 EST. Apr. 29, 2016 $5,663 $2,876 9,758 9,758 6,798 5,562 4,230 3,473 844 697 1,513 1,234 28,806 23,600 5,205 4,841 41,500 41,500 24,968 26,899 1,697 1,383 1,900 1,559 $104,076 $99,782 6,176 993 2,066 2,075 695 2,673 13,685 24,071 1,759 3,562 4,538 2.322 49.937 56,007 (1,858) 54,139 $104,076 1,709 1,712 566 2,185 7,165 30,247 1,759 2,903 3,729 1,916 47,719 53,931 (1,868) 52,063 $99,782 CAPEX/Net sales 3.6% Depreciation expense/Prior year PPE, net 18.9% Dividend payout ratio 60.5% Round answers to the nearest whole number, if applicable. Use a negative signs with you answers to indicate a use of cash/decrease in cash. Medtronic plc Forecasted Statement of Cash Flows ($ millions) 2017 Est. Net income $ Depreciation Amortization Accounts receivable Inventories Tax assets Prepaid expense & other current assets Long-term tax assets Other assets Accounts payable Accrued compensation Accrued income taxes Other accrued expenses Long-term accrued income taxes Long-term deferred tax liabilities Other long-term liabilities Cash from operating activities Capital expenditures Cash from investing activities Dividends Current maturities of L-T debt L-T debt Cash from financing activities Change in cash Cash at start of year Cash at end of year $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Soc 0 0 0 0 0 0 0 0 thanks
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