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Below are the subtotals from the statements of cash flows for Hand Corporation and Foot Corporation for the year ended December 31, 2020. Hand Corporation
Below are the subtotals from the statements of cash flows for Hand Corporation and Foot Corporation for the year ended December 31, 2020. Hand Corporation Foot Corporation Net cash flows from operating activities Net cash flows from investing activities Net cash flows from financing activities Net change in cash 75,200 (9,400) (20,000) 45,800 (750) 11,100 35,450 45,800 Which company has a stronger statement of cash flows? Briefly explain your answer. Foot Corporation reported negative operating cash flows. What is a possible explanation? Hand Corporation reported negative investing cash flows. What is a possible explanation? Hand Corporation reported negative financing cash flows. What is a possible explanation
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