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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
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: $1,249 39 Net Sales Income Tax Expense Dividends Salaries and Wages Expense Cost of Goods Sold Interest Expense 21 347 755 20 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) (in milli $ 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 million 2-6. Gross Profit Percentage olo
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