Assignment 2: Source of Revenue: Viability
Use the balance sheet and statement of income you downloaded for Ascension Health during Week 3.In a Microsoft Excel spreadsheet, prepare a vertical analysis of thecompany for the years 2013 and 2014 and a horizontal analysis from 2013(base year) to 2014 (subsequent year).
Discuss your findings. Here are a few, but not all, the questions you should consider.
- Is Ascension Health growing?
- What line items reflected the largest-percentage increases and/or decreases?
- What is the financial impact these changes have on the company’s financial viability currently and in the future?
By Tuesday, December 8, 2015, submit your 2–3-page report to the W4: Assignment 2 Dropbox.
Download and review the financial statements of Ascension Health, a nonprofit, religious-based healthcare system, from
Assignment 2 Grading Criteria
Prepared a vertical analysis, listed all items of data and performed necessary calculations correctly.
Prepared a horizontal analysis, listed all items of data and performed necessary calculations correctly.
Drew valid conclusions about viability.
Communicated ideas and opinions explicitly and clearly in writing.