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?