Rockland Shoe Company, 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 second quarter of 2019: Net Sales Income Tax Expense. Dividends Salaries and Wages Expense Cost of Goods Sold Interest Expense E6-18 (Algo) Part 1 $ 1,304 26 24 418 788 42 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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Chapter1: Financial Statements And Business Decisions
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Rockland Shoe Company, 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 second quarter of 2019:
Net Sales
Income Tax Expense
Dividends
Salaries and Wages Expense
Cost of Goods Sold
Interest Expense
E6-18 (Algo) Part 1
1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).)
Rockland Shoe Company
Income Statement
(in millions)
$ 1,304
26
24
418
788
42
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Transcribed Image Text:Rockland Shoe Company, 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 second quarter of 2019: Net Sales Income Tax Expense Dividends Salaries and Wages Expense Cost of Goods Sold Interest Expense E6-18 (Algo) Part 1 1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Rockland Shoe Company Income Statement (in millions) $ 1,304 26 24 418 788 42 < Prev S 9 10 11 of 13 Next > 1 x
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