what is royalty and how it is calculated?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the relationship between, issued share capital, share premium and paid up capital?

1894


what is waybill key number & how can it be issue?

1836


Short answer on _______Amendment

1484


What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

1718


.,can someone tell me how to compute the subscribed capital share?

1825






if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

1544


plz send me hsbs finance questions asked in the interview ans appitude also

2095


What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?

1768


WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME

1385


I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1486


what are the uniform public construction cost accounting act procedures?

1525


why specifically inited states ?

1371


How i pass the share holders capital entry in Tally? How to set this option in Tally?

3466


What is the working formula for Inventory turnover

1526


MMT and MID payment how post in tally

961