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Use the extract from the financial statements of Peter's Plumbing Services to calculate the Current Ratio and the Acid Test Ratio for PPS: Please type

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Use the extract from the financial statements of Peter's Plumbing Services to calculate the Current Ratio and the Acid Test Ratio for PPS: Please type out the complete formula and then do the rest of the calculation to show how you came to your conclusions. Marks are given for each step in the calculations

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