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Volkswagen AG has 5,100,000 ordinary shares of 1 each. Declared dividends are 4% of the net profits. After-tax profit: 2,040,000 Annual sales: 30 million Current

•Volkswagen AG has 5,100,000 ordinary shares of €1 each.
•Declared dividends are 4% of the net profits.
•After-tax profit: €2,040,000
•Annual sales: €30 million
•Current market price per share: €4.75
Calculate the following:
1.Gross profit margin
2.Dividend payout ratio
3.Earnings per share

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