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! Required Information [The following Information applies to the questions displayed below.] Wolverine World Wide, Incorporated, prides itself as being the world's leading marketer
! Required Information [The following Information applies to the questions displayed below.] Wolverine World Wide, Incorporated, 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 $ 570 10 9 170 345 5 2-a. How much was the gross profit? (Enter your answer in millions.) 2-b. What was the gross profit percentage? (Round your percentage to 1 decimal place.) 2-a. Gross Profit million 2-b. Gross Profit Percentage % Required Information [The following Information applies to the questions displayed below.] Wolverine World Wide, Incorporated, 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 $ 570 10 9 170 345 5 Required: 1. Prepare a multistep income statement. (Enter your answers in millions (l.e., 10,000,000 should be entered as 10).) WOLVERINE WORLD WIDE INCORPORATED Income Statement For the second quarter of 2019 (in millions) 0 0 0 $ 0
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