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Required information [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.

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Required information [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 Wages Expense Cost of Goods Sold Interest Expense $ 1,920 46 25 605 1,195 27 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 %

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