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Transcription of this question: (a)(b)(c)Identify two fixed costs and two variable costs for Les Maisonnettes_Using data from appendix 4, calculate the current ratio and the acid test ratio OfLes Maisonnettes in the financial years 2005 and 2008.With reference to the figures calculated in part (b), analyse the reasons for thechanges in the liquidity position Of Les Maisonnettes.[4 marks][4 marks][7 marks]

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