Dirk Ward borrowed $11,000.00 for investment purposes on May 21 on a demand note providing for a variable rate of interest and payment of any accrued interest on December 31. He paid $700 on June 12, $100 on September 24, and $500 on November 18. How much is the accrued interest on December 31 if the rate of interest was 6% on May 21, 6.35% effective August 1, and 6.65% effective November 1? ...... The accrued interest on December 31 is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Hello, could you explain to me what is a decimal place when calculating financial ratios. thank you.

Please explain  calculation of transaction b)  Where the value 612 is coming

e,f,g and h

How do I set this up? This is a few questions stuck together. Count as multiple questions I think. 4-12 Indicate the effect of the transactions listed in the following table on total current assets, current ration, and net income. Use (+) to indicate an increase, (-) to indicate a decrease, and (0) to indicate either no effect or an indeterminate effect. Be prepared to state any necessary assumptions and assume an initial current ratio of more than 1.0.      Table for 4-12  Total Current Assets  Current Ratio  Effect on Net Income            a  Cash is acquired through issuance of additional stock.        b  Merchandise is sold for cash.        c  Federal income tax due for the previous year is paid.        d  A fixed asset is sold for less than book value.        e  A fixed asset is sold for more than book value.        f  Merchandise is sold on credit.        g  Payment is made to…