The chief financial officer then said, “Based on this figure, we finally have the funds we need to begin our much needed building expansion.” Why should you consider this argument with caution? Explain.

In an executive manager’s meeting, a company’s chief financial officer reported that the year-to-date net income on the company’s income statement was $1.2 million. The chief financial officer then said, “Based on this figure, we finally have the funds we need to begin our much needed building expansion.”

Why should you consider this argument with caution? Explain.