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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

image text in transcribedimage text in transcribed 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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