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

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  • Why is it important to keep paid-in capital separate from earned capital?
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  • As an investor, is paid-in capital or earned capital more important? Explain why.
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  • As an investor, are basic or diluted earnings per share more important? Explain why.
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Why is it important to keep paid-in capital separate from earned capital_x000D_
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