Balance Sheet (Exhibit 2) – thinking especially about what you know about how to perform financial statement analysis using tools we began to develop in Chapter 7

Please read the Astral Record Case (available via the Harvard Business School coursepack link on Blackboard). Comment on any trends you notice or areas of concern based on Income Statement (Exhibit 1) and Balance Sheet (Exhibit 2) – thinking especially about what you know about how to perform financial statement analysis using tools we began to develop in Chapter 7. Please provide at least 4 different bullet points for each financial statement for a total of 8 bullet points.