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Lal Industries, 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 second
Lal Industries, 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 second quarter of 2019: Net Sales Income Tax Expense Dividends Salaries and Wages Expense Cost of Goods Sold Interest Expense 1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Lal Industries Income Statement $ 2,144 53 29 673 1,343 32 (in millions) $ 0 0 0 0
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