Below is the monthly share price data for Afterpay Limited (ASX code APT. AX) for 2020 (Source: https://finance. yahoo. com)

Month Open $ Close $
Jan 29.28 38.55
Feb 37.57 33.17
Mar 32.18 18.80
Apr 19.85 31.20
May 29.75 47.41
June 46.53 60.99
July 60.49 68.54
Aug 68.50 91.44
Sep 89.80 79.99
Oct 81.85 96.69
Nov 96.50 95.01
Dec 95.80 118.00

Afterpay Limited did not pay any dividend in 2020.

a. Calculate the monthly percentage returns for APT for 2020. (Show all calculations, show
answers as percentage correct to two decimal places.)
b. Calculate the risk measured by the standard deviation for APT. (Show all calculations, show
answer as a percentage correct to two decimal places.)
c. If the standard deviation for the market is 8.02%, how does this compare with APT’s standard
deviation calculated in part b? Explain your conclusions.

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.