Asked by Mikey Tiffany on May 12, 2024
Verified
Royalty is a percentage paid on the money earned from sales on items such as tickets,books,artwork,and music CDs.
Royalty
Money that employees or others receive based on sales, for example an author or musician.
Percentage
A mathematical concept that represents a portion of 100, used in describing proportions and rates in various contexts.
- Work out the gross and net earnings given salary figures, hourly rates, and commission payments.
Verified Answer
JD
Jaquelynn DavisMay 17, 2024
Final Answer :
True
Explanation :
Royalty is a percentage of the money earned from sales on various items such as tickets, books, artwork, and music CDs.
Learning Objectives
- Work out the gross and net earnings given salary figures, hourly rates, and commission payments.