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what is royalty and how it is calculated?
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Answer / akshitha
A royalty is the landowner's share of the gross production,
which is free of the costs of production.Payment made for
use of property, especially a patent, copyrighted
work,natural resource etc.,Royalities can be received in
our own books.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / avinash
A royalty is the landowner's share of the gross production,
which is free of the costs of production.Payment made for
use of property, especially a patent, copyrighted
work,natural resource etc.,Royalities can be received in
our own books.
| Is This Answer Correct ? | 2 Yes | 0 No |
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