Why is it important to keep paid-in capital separate from, Accounting Basics

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Why is it important to keep paid-in capital separate from

Prepare a 700-word response to the following questions:

Why is it important to keep paid-in capital separate from earned capital?
As an investor, is paid-in capital or earned capital more important? Explain why.
As an investor, are basic or diluted earnings per share more important? Explain why.

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Accounting Basics: Why is it important to keep paid-in capital separate from

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