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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.

image text in transcribed 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 profit-generating potential." is true or false. Complete this question by entering your answers in the tabs below. Frepare a multiple-step income statement. (Losses should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Indicate whether the statement "Tisdale Incorporated does not appear to have much profit-generating potential." is true or false

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