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