Question: Please fix the wrong answers. Before I had 4913.46 for a and 5820 for b and they were still wrong Question 1 Incorrect Mark 0.00

Please fix the wrong answers. Before I had 4913.46 for a and 5820 for b and they were still wrong

Please fix the wrong answers. Before I hadPlease fix the wrong answers. Before I hadPlease fix the wrong answers. Before I hadPlease fix the wrong answers. Before I had
Question 1 Incorrect Mark 0.00 out of 33.33 Flag question Forecast Depreciation, CAPEX, and PP&E Following are the income statement and balance sheet for Medtronic PLC. Medtronic PLC Consolidated Statement of Income For Fiscal Year Ended veal 26, EM ele 2019 Net sales $30,557 Costs and expenses Cost of products sold 9,155 Research and development expense 2330 Selling, general, and administrative expense 10,418 Amortization of intangible assets 1,764 Restructuring charges, net 198 Certain litigation charges, net 166 Other operating expense, net 258 Operating profit 6,268 Other nonoperating income, net (373) Interest expense 1,444 Income before income taxes 5,197 Income tax provision 547 Net income 4,650 Net income loss attributable to noncontrolling interests (19) Net income attributable to Medtronic $4,631 Medtronic PLC Consolidated Balance Sheet Awa eyaes Current assets Cash and cash equivalents $4,393 Investments 5,455 Accounts receivable, net 6,222 Inventories, net 3,753 Other current assets 2,144 Total current assets 21,967 Property, plant, and equipment, net 4,675 Goodwill 39,959 Other intangible assets, net 20,560 Tax assets 1,519 Other assets 1,014 Total assets $89,694 Current liabilities Current debt obligations $838 Accounts payable 1,953 Accrued compensation 2,189 Accrued income taxes 567 Other accrued expenses 2,925 Total current liabilities 8,472 Long-term debt 24,486 Accrued compensation and retirement benefits 1,651 Accrued income taxes 2,838 Deferred tax liabilities 1,278 Other liabilities 757 Accrued income taxes 567 Other accrued expenses 2,925 Total current liabilities 8,472 Long-term debt 24,486 Accrued compensation and retirement benefits 1,651 Accrued income taxes 2,838 Deferred tax liabilities 1,278 Other liabilities 757 Total liabilities 39,482 Shareholders' equity Ordinary shares 0 Additional paid-in capital 26,532 Retained earnings 26,270 Accumulated other comprehensive loss (2,711) Total shareholders' equity 50,091 Noncontrolling interests 121 Total equity 50,212 Total liabilities and equity $89,694 Note: Complete the entire question in Excel using the following template: Excel Template. Format each answer to two decimal places. Then enter the answers into the provided spaces below with two 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. April Nya] 27, 26, 2018 2019 April 2020 RS Actual Actual Kt E19 Net sales $29,953 $30,557 $33,002 CAPEX 1,068 1,134 Depreciation expense 821 895 Property, plant, and equipment, gross | 10,259) 10,920 Property, plant, and equipment, net $ 5,280 * 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 follows. Company anticipated CAPEX for fiscal year ended April 2020 | $1,500 million Use this guidance to refine your forecast of property, plant and equipment, net for fiscal year ended April 2020. Property, plant, and equipment, net | $ 4,759 * million

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