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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

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 Net sales Costs and expenses $ millions Cost of products sold Research and development expense Selling, general, and administrative expense Amortization of intangible assets Restructuring charges, net Certain litigation charges, net Other operating expense, net Operating profit Other nonoperating income, net Interest expense Income before income taxes Income tax provision Net income Net income loss attributable to noncontrolling interests Net income attributable to Medtronic April 26, 2019 $36,668 10,986 2,796 12,502 2,117 238 199 310 7,520 (448) 1,733 6,235 656 5,579 (23) $5,556
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Refine Assumptions for PPE Forecast Fallowiner are the inrama ctatamant and halanro chept for MedtroniC PLC. Note: Complete the entire question in Excel using the following template: Excel Template. Format each answer to two decimal places. Then enter the ans decimal places. a. Use the financial statements aiong with the additional information below to forecast property, plant and equipment, net for fiscal year ended April 2020 b. Suppose the company discloses in a press release that accompanies its year-end SEC filing that anticipated CAPEX for fiscal year ended April 2020 is as company anticipated CAPEX tor fiscal year ended April 2020 s1,800 Note: Complete the entire question in Excel using the following template: Excel Template. Format each answer to two decimal places. Then enter the an decimal places. a. Use the financial statements along with the additional information below to forecast property, plant and equipment, net for fiscal year ended April 2020 b. Suppose the company discioses in a press release that accompanies its year-end SEC filing that anticipated CAPEX for fiscal year ended April 2020 is as fod Compary anticipated CAPEX for fiscal year ended April 202051,000 milion Use this guidance to refine your forecast of property, plant and equipment, net for fiscal year ended April 2020. Property. plant and equipment net 5 x milon

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