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Owners' Equity Paper Prepare a response to the following questions: Why is it important to keep paid-in capital separate from earned capital?

Owners' Equity Paper
Prepare a 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? Why?
As an investor, are basic or diluted earnings per share more important? Why?

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