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Wolverine World Wide, Inc., prides itself as being the worlds leading marketer of U.S. branded non-athletic footwear. The following data (in millions) were reported for
Wolverine World Wide, Inc., prides itself as being the worlds leading marketer of U.S. branded non-athletic footwear. The following data (in millions) were reported for the third quarter of 2016:
Net Sales | $ | 1,584 | |
Income Tax Expense | 36 | ||
Dividends | 19 | ||
Salaries and Wages Expense | 503 | ||
Cost of Goods Sold | 973 | ||
Interest Expense | 35 | ||
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Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
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