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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.
- 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?