Question
Refine Assumptions for PPE Forecast Following are the income statement and balance sheet for Medtronic PLC. Medtronic PLC Consolidated Statement of Income For Fiscal
Refine Assumptions for PPE Forecast Following are the income statement and balance sheet for Medtronic PLC. Medtronic PLC Consolidated Statement of Income For Fiscal Year Ended $ millions April 26, 2019 $29,029 Net sales Costs and expenses Cost of products sold 8.697 Research and development expense 2,214 Selling general, and administrative expense 9,897 Amortization of intangible assets 1,676 Restructuring charges, net 188 Certain litigation charges, net 158 Other operating expense. net 245 Operating profit 5.954 Other nonoperating income, net (354) Interest expense 1.372 Income before income taxes 4,936 Income tax provision 520 Net income 4,416 Net income loss attributable to noncontrolling interests Net Income attributable to Medtronic (18) $4,398
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