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Exercise 6-3 (Algo) Prepare a multiple-step income statement and analyze profitability (LO6-2) Tisdale Incorporated reports the following amounts in its December 31, 2024, income statement.

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Exercise 6-3 (Algo) Prepare a multiple-step income statement and analyze profitability (LO6-2) Tisdale Incorporated reports the following amounts in its December 31, 2024, income statement. Required: 1. Prepare a multiple-step income statement. 2. Indicate whether the statement "Tisdale Incorporated does not appear to have much profitgenerating potential." is true or false. Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statement. (Losses should be indicated by a minus sign.)

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