I want this in 10 minutes plz be fast I will hit like

You are a trince Hooountant in practice. You are assisting your manager in addressing several outstanding issues on behalf of two clients. Each client has a 31 December your-end. Your manager has sent you the following details in relation to each client: Client 1. The issd share capital of Beny plo ("Berry') consists of 1,000,000 ordinary shares of 0.50 cach and 250,000 6% preference shares of El cach. In the year to 31 December 2020, the company's profit after tax was 90,000. Dividends paid during the year comprised the preference dividends for the year and an ordinary dividend of 55,000. The market price of the company's ordinary shares on 31 Decernber 2020 was 70 cent per share. REQUIRED: Calculate the following ratios for Berry and explain what is meant by each of the ratios 1. Earnings per Share; 2. Dividend Cover, and 3. Dividend Yield. (12 marks) Client 2: Bolton Company ("Bolton") is a nutrition company. Where applicable, on recognition of a capital grant, it is the policy of Bolton to treat the grant as a deferred income credit. The government's Depurtment of Education provided funding for 40% of the cost of a new catering facility. Bolton purchased the new facility on 1 January 2020 for 1,200,000. Bolton adopts a policy of straight-line depreciation, charging a full year's depreciation in the year of acquisition. The estimated useful life of the facility is 50 years. REQUIRED: Explain, together with journals (accounting entries), how the grant above should be accounted for in the financial statements for the year to 31 December 2020. (6 marks)