The end-of-year parties at Yearling, Inc., are known for their extravagance. Management provides the best food and entertainment to thank the employees for their hard work. During the planning for this years bash, a disagreement broke out between treasures staff and the controllers staff. The treasures staff contended that the firm was running low on cash and might have trouble paying its bills over the coming months; they requested that cuts be made to the budget for the party. The controllers staff felt that any cuts were unwarranted as the firm continued to be very profitable. Can both sides be right? Explain your answer.