Use the balance sheet you downloaded for Ascension Health during Week 3 (Community and Investor Relations). In a Microsoft Excel spreadsheet, prepare a vertical analysis of the company 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?
To support your work, use your course and textbook readings and also use the South University Online Library. As in all assignments, cite your sources in your work and provide references for the citations in APA format.
- Your assignment should be addressed in a 2- to 3-page document.
- Submit your documents to the Submissions Area by the due date assigned.
Must have 3 or more references with citations!
Along with a reference page in APA format!