Prepare a one to two page (700-1000 words)summary to the following questions: Explain the differences between Common and Preferred Stock. Define paid-in capital and earned capital. Explain the importance of keeping Paid-in Capital separate from Earned Capital. Define Basic Earnings per Share vs. Diluted Earnings per Share? As an investor, are basic or diluted earnings per share more important? Explain why.

Prepare a one to two page (700-1000 words)summary to the following questions:

Explain the differences between Common and Preferred Stock.

Define paid-in capital and earned capital. Explain the importance of keeping Paid-in Capital separate from Earned Capital.

Define Basic Earnings per Share vs. Diluted Earnings per Share? As an investor, are basic or diluted earnings per share more important? Explain why.