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Refine Assumptions for Dividend and Retained Earnings Foreca: Provided below is FY2016 information for Medtronic PLC. a. Use the financial statements along with the additional
Refine Assumptions for Dividend and Retained Earnings Foreca: Provided below is FY2016 information for Medtronic PLC. a. Use the financial statements along with the additional information below to forecast retained earnings for FY2017. Forecasted retained earnings $ million b. Suppose the MD\&A section of the Form 10-K and additional guidance from the company reveals the following additional information. At FY2016 year-end (April 29, 2016), the company had approximately 1,400 million shares issued and outstanding. Use this information to refine your forecast of retained earnings for FY2017. Forecasted retained earnings $ million Refine Assumptions for Dividend and Retained Earnings Foreca: Provided below is FY2016 information for Medtronic PLC. a. Use the financial statements along with the additional information below to forecast retained earnings for FY2017. Forecasted retained earnings $ million b. Suppose the MD\&A section of the Form 10-K and additional guidance from the company reveals the following additional information. At FY2016 year-end (April 29, 2016), the company had approximately 1,400 million shares issued and outstanding. Use this information to refine your forecast of retained earnings for FY2017. Forecasted retained earnings $ million
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