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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 taken from

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 taken from its annual report for its 2012 fiscal year:

Net Sales

$

1,640

Income Tax Expense

10

Dividends

20

Salaries and Wages Expense

520

Cost of Goods Sold

1,010

Interest Expense

20

Required information

Required:

1.

Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)

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