Below are summarized versions of the statement of cash flows for two competing companies. After watching the videos and completing your Chapter 12 notes, analyze these summarized statements. Note which company has a stronger statement of cash flows and briefly explain your answer.

	Cake Company	Cookie Company
Net cash flows from operating activities	117,500	18,400
Net cash flows from investing activities	(41,600)	6,800
Net cash flows from financing activities	(31,200)	21,300
Net change in cash	44,700	46,500