What is XYZ operating profit

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Question - The XYZ Company has sales of $500,000, a gross profit margin of 40%, operating expenses (excluding depreciation) of $100,000, depreciation expense of $20,000, interest expense of $30,000, taxes of $10,000 and dividends paid of $5,000. What is XYZ's operating profit?

Reference no: EM133118009

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