Question: Computing and Comparing Income and Cash Flow Measures also earned another $ 1 5 , 0 0 0 in wages during the year, which were

Computing and Comparing Income and Cash Flow Measures
also earned another $15,000 in wages during the year, which were not yet paid at year-end.
a. Compute the company's net income for the fiscal year.
b. How much net cash inflow or outflow did the company generate during the year?
Note: Enter net cash inflow as positive and net cash outflow as negative.
Explain why Penno's net income and net cash flow differ.
Note: Do not use a negative sign below.
Computing and Comparing Income and Cash Flow Measures also earned another

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