Royalty Accounting 101: How Royalties Impact Your Business
Each year’s excess of Minimum Rent over royalties is recoverable out of the royalties for the next two years. In the event of https://www.instagram.com/bookstime_inc Strike, the Minimum Rent was to be reduced proportionately, having regard to the length of the stoppage. But in the case of Lock Out, it was provided that the actual royalties … Continued