Wolverine World Wide, Inc manufactures, military, work, sport, and casual footwear and leather accessories under a variety of brand names, such as hush puppies, wolverine, merrell, stride rite, and bates, to a global market. the following transaction occurred during a recent year dollars are in millions.

a. Issued common stock to investors for $16.4 (cash)

b. Purchased $1,615.6 of additional inventory on account

c. paid $51.1 on long term debt principal and $4.6 in interest on the debt

d. sold $2,378 of products to customers on account; cost of the products sold was $1,425.6 (There are 2 separate effects needed for (d); one for earning revenue and one for incurring an expense)

e. paid cash dividends of $31 to shareholders

f. purchased for cash $32.4 in additional property, plant, and equipment

g. incurred $707.6 in selling expenses, paying three-fourths in cash and owing the rest on account.

h.earned $0.5 of interest on investments, receiving 80 percent in cash.

i.incurred $27 in interest expense to be paid at the beginning of next year

Balance Sheet Income Statement

Transaction	Assets	Liabilities	Stockholders' Equity	Revenues	Expenses	Net Income
a.
b
c.
d.
e.
f.
g.
h.
i.