Share
Explore BrainMass

How to Read Financial Statements

Gentiva Health Services is one of the nation's leaders in providing home healthcare services.

Review the company's financial statements located at:
http://investors.gentiva.com/financials.cfm

Discuss the financial condition of Gentiva Health Services by responding to the following questions.

Has the company's profitability increased or decreased from 2010 to 2011? If so, how much? What components (i.e., revenues and/or expenses) caused the change in net income?
Have the company's total assets increased or decreased from 2010 to 2011? What components of total assets caused the change?
Have the company's total liabilities increased or decreased from 2010 to 2011? What components of total liabilities caused the change?
Has the company's total equity changed from 2010 to 2011? If so, what components of total equity caused the change?

Solution Preview

- Has the company's profitability increased or decreased from 2010 to 2011? If so, how much? What components (i.e., revenues and/or expenses) caused the change in net income?
Net Income of the Gentiva in 2011 is in negative and it is $(450,525,000) as compared to the profit of ...

$2.19