A theocracy is the rule of a religious authority. Think theology, or theologian.
A monarchy is rule via heredity, such as in a kingship. Monarchies often go hand in hand with religion, such as the case of the Shah of Iran, the Pharaohs of Egypt, as well as kings and queens virtually everywhere throughout all time.
A democracy is rule of the people, although I would not choose to phrase it that way.
Voluntary exchange between buyer and seller would be capitalism.
A dictatorship is authoritarian.
Collective ownership is communism.
I can't read what's on the left, but you can use process of elimination.
Answer: The sale price to the nearest dollar was $61,202
We arrive at the answer as follows:
The term 'netted' refers to the seller's profits after deducting costs and commissions.
Hence we need to add back these amounts to arrive at the sale price.
Net Proceeds $55,000
<u>Add: Costs $1,000 </u>
Total $56,000
The commission is 8.5%; however commissions are quoted as a percentage of sales price.
Expressed in other words, if the sale price was 100, commissions were 8.5. That would mean that the total above would be the equivalent of 
From this we can arrive at the sale price as follows:
Answer:
At a premium to the face amount
Explanation:
The bond has a higher coupon rate compared to its market interest of 5%, hence, the bond would be issued at a premium, in other words, the proceeds from the bond issuance would be more than the face amount of $200,000 as shown below using a financial calculator bearing in mind that the calculator would be set to its default end mode before making the following inputs:
N=20(let us assume it has 20 years to maturity and pays a coupon annually)
PMT=12000 (annual coupon=face value*coupon rate=$200,000*6%=$12,000)
I/Y=5(market interest rate without the % sign)
FV=200000
CPT
PV=$224,924.42($24,924.42 premium)
They need to know how to run the fast food place. Editcational wise none.
