Learning Goal: I’m working on a accounting spreadsheet and need an explanation a

Learning Goal: I’m working on a accounting spreadsheet and need an explanation and answer to help me learn.I have the 1st tab completed. I need help with the 2nd tab. Lawrence, Korman, and Conway dissolved their partnership, and re-formed as Coopie Awards Inc. You are asked to complete financial statement analysis for the company. On the Excel workbook here, journalize these transactions for the partnership.After dissolving the partnership, the partners form Coopie Awards. Prepare vertical and horizontal analyses for Coopie Awards as well as financial ratios. After preparing these analyses, interpret them.What 3 items stand out in the vertical analysis?
What 3 items stand out in the horizontal analysis?
On what 5 ratios would you focus for Coopie Awards?
Assess Coopie Award’s financial strength based on these 5 ratio