The issued share capital of Berry plc ("Berry") consists of 1,000,000 ordinary shares of 0.50 each and 250,000 6% preference shares of 1 each.

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 December 2020 was 70 cent per share.

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