Two coworkers in the sales department

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Reference no: EM131012533

You overhear Bob and Jane, two coworkers in the sales department of Weston Corporation, having an informal discussion about the financial condition of one of their customers who has placed a large order. Bob states that things are really going well for the company. According to its most recent balance sheet, cash has increased from $5.4 million at the end of last year to $7.9 million at the end of the current year. Is he correct? Why or why not?

Reference no: EM131012533

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