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Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a singlestep

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Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-step versus a singlestep format. The discussion involves the following 2025 infocmation related to Nash Comparyy ( 5000 omitted)

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