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J Man
want to cut back on the socializing? (which involves paying for drinks and so on)
For product royalty calculations that are based on 'net revenue in profits collected realized on sales of product' ... what all types of expenses can be claimed/subtracted from gross revenue? Can the company claim to "reinvest all profits back into company for growth" and get away with claiming the net revenue is ZERO and avoid any payments?
if from profit what percentage should be marked for business maintance or growth? if from estimates what percentage should be added to an estimate for business growth