HCA 663 Final Project

For your final project, compose a comparative analysis of the financial statements of Sharp Healthcare and Scripps Health - two San Diego-based healthcare organizations. Your analysis will be based on their 2018 Annual Financial Statements (links provided below).

You should discuss the comparative financial situations of the two companies.

The basic financial statements you should look at are:

1. Balance Sheet (sometimes called Statement of Financial Position)

2. Income Statement (also sometimes called the Statement of Operations)

3. Statement of Changes in Net Assets

4. Cash Flow Statements

You should also calculate and explain the following financial ratios:

Total marginfor both and what it signifies.

Operating marginfor both and what it signifies.

Return on assetsfor both and what it signifies.

Finally, you should give a concluding opinion on which organization is in a better financial position?

Here are the links to their most recent annual reports with the financial statements you need:

Sharp:https://emma.msrb.org/ES1236593-ES966053-ES1366947.pdf

Scripps:https://emma.msrb.org/ER1176568-ER919670-.pdf

Additional Guidance:

You will find the explanation of financial statement analysis and rations on pages 640 - 647 of the textbook helpful.

Your analysis should be less than ten pages (it could be done in three to five pages).

You should use section headings for each section to guide me through your thoughts and analysis.

You can use graphs or graphics and charts.

You should define terms and explain the numbers you use (for example, when sharing a total margin ratio, you would note that the ratio is net income/total revenues. You would give me those numbers and explain how you obtained your total revenue number (net operating revenues + nonoperating revenues))