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.
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
http://www.ascensionhealth.org/index.php?option=com_content&view=article
&id=45&Itemid=160.
Assignment 2 Grading Criteria
Maximum Points
Prepared a vertical analysis, listed all items of data and performed necessary calculations correctly.
20
Prepared a horizontal analysis, listed all items of data and performed necessary calculations correctly.
20
Drew valid conclusions about viability.
5
Communicated ideas and opinions explicitly and clearly in writing.
5
Total
50
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