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 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?

By  submit your 2–3-page report to the W4: Assignment 2 Dropbox.

This is the link to Ascension Health balance sheet and statement of income:

http://www.ascensionhealth.org/index.php?option=com_content&view=article&id=45&Itemid=160.