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How do calculate the operating profit

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Reference no: EM132929469

Problem 1: If a firm has a gross profit of $1,000,000, selling and administrative expenses of $500,000, depreciation of $100,000, and interest expense of $200,000, calculate its operating profit

a. 200,000
b. 250,000
c. 325,000
d 400,000

Reference no: EM132929469

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