Hi there, I am having trouble coming up with a formula to calculate royalty percentage based on actual sharing of earnings. Here is the following data:
Revenue: $37,500,000
COGS: ($13,632,600)
GM: $23,867,400
Operating expenses: ($4,850,000)
EBIT: $19,017,400
Taxes: 39%
Net Profit: $11,600,614
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Ali
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