Frontier Resources Ltd announced an interim dividend of $0.02 per share on 10 March 2021. The company made an EPS of $0.40 for the 2020 financial year (year- end is 31 December). This is the first time in the last ten years that the company declared a dividend payment. The company made a profit in 2019 for the first time. The following are the actual ratios for 2020 (based on historical trend) and analyst forecast ratios of Frontier Resources Ltd: Actual Forecasts 2020 2021 14.00% 10% Working capital/Sales Net long term assets (LTA)/Sales 75.00% 50.00% Analyse the impact of initiation of a dividend payment on your forecast of earnings of the company in 2021 and 2022. Frontier Resources Ltd announced an interim dividend of $0.02 per share on 10 March 2021. The company made an EPS of $0.40 for the 2020 financial year (year- end is 31 December). This is the first time in the last ten years that the company declared a dividend payment. The company made a profit in 2019 for the first time. The following are the actual ratios for 2020 (based on historical trend) and analyst forecast ratios of Frontier Resources Ltd: Actual Forecasts 2020 2021 14.00% 10% Working capital/Sales Net long term assets (LTA)/Sales 75.00% 50.00% Analyse the impact of initiation of a dividend payment on your forecast of earnings of the company in 2021 and 2022