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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: $2,032 49 Net Sales Income Tax Expense Dividends Salaries and Wages Expense Cost of Goods Sold Interest Expense 27 639 1,269 29 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 (in millions) $ 0 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 2-a. Gross Profit 2-b. Gross Profit Percentage million million

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