What this is
Divide the ACL claim by the claimed 7.5% average royalty rate to get the sales value on which TPCi assumed it would have earned a royalty; compare the A$1 award with the claim.
The values
- Acl claim AUD: 44,556
- Claimed average royalty rate: 0.075
- Implied royalty base AUD: 594,078
- Award AUD: 1
- Award as % of claim: 0.002%
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- 44,555.84 / 0.075 = 594,077.87
- 1 / 44,555.84 = 0.00224%