Posted: March 23rd, 2017
Use the balance sheet 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.
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?
Submit your 2–3-page report by Tuesday, March 21, 2017, .
Assignment 2 Grading Criteria
Maximum Points
Prepared a vertical analysis, listed all items of data and performed necessary calculations correctly. 20 points
Prepared a horizontal analysis, listed all items of data and performed necessary calculations correctly. 20 points
Drew valid conclusions about viability. 5 points
Communicated ideas and opinions explicitly and clearly in writing. 5 points
Place an order in 3 easy steps. Takes less than 5 mins.