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E6-18 Analyzing Gross Profit Percentage on the Basis of an Income Statement [LO 6-6) [The following information applies to the questions displayed below. Wolverine World

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E6-18 Analyzing Gross Profit Percentage on the Basis of an Income Statement [LO 6-6) [The following information applies to the questions displayed below. Wolverine World Wide, Inc, prides itself as being the world's leading marketer of U.S. branded non-athletic footwear." The following data (in millions) were reported for the third quarter of 2016: Net Sales Income Tax Expense Dividends Salaries and Wagen Expanse Cost of Goods Sold Interest Expense $600 12 18 167 366 9 E6-18 Part 1 Required: 1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) WOLVERINE WORLD WIDE INC Income Statement For the third quarter of 2016 (in millions) Net Sales Revenue 600 Next

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