What line items reflected the largest-percentage

Question

Use the balance sheet and statement of income for Ascension Health. 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). This is the website. Download and review the financial statements of Ascension Health, a nonprofit, religious-based healthcare system, from

https://www.ascensionhealth.org/index.php?option=com_content&view=article

&id=45&Itemid=160.

Once on this page click on FY2014 Consolidated Audited Financial Statements, here you will find the balance sheet and income statement.

Discuss the 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?

Answer 1

To complete the task, you have to make use of the balance sheet and statement of the income for Ascension Health. In a Microsoft Excel spreadsheet, make a vertical assessment of the company for the years 2013 and 2014 and a horizontal assessment from 2013 (base year) to 2014 (that is, subsequent year). This link of the website is illustrated. You have to download and evaluate the financial statements of Ascension Health, a non-profit, religious-based healthcare system. 1) Talk about the findings. Here are some, however not all, the questions you must consider. 2) Is Ascension Health growing? 3) Illustrate what line items reflected the biggest-percentage increases and/or decreases? 4) Determine the financial impact such changes have on the company's financial viability formerly and in the future?