Question 4 1 pts The earnings per share ratio is very descriptive; it tells interested parties how much each share of outstanding stock would receive if all of the current year's earnings were distributed. A key point about this ratio is the earnings must be changed from accrual to cash. it is an important factor in determining the company's ability to borrow money through the use of long-term bonds. it is not shown on financial reports of publicly-held companies. O the earnings are calculated only for the common shares outstanding. Question 5 1 pts Per the regulatory pronouncements of the Sarbanes-Oxley Act of 2002, a certification as to the internal controls of a corporation being in place and functioning must be made by The CEO and CFO only. o the external auditor only. the CEO, CFO, and external auditor. the SEC