“Ladies and gentleman,” Tom continued, “can I present to you the infinitely lovely Miss Belinda Williams and her beautiful younger sister Miss J...mie Williams.”Before Tom could say anything else there was another huge round of applause with Hank, Lynn, Terry and Jill applauding more loudly than anyone else.When that had died down Tom said to the audience, that now seemed to be eating out of his hand, “It is also now my privilege to ask these two beautiful young ladies to take all their clothes. In any case my question is how are royalties actually determined?’ Carol laughed and answered quickly. ‘Let’s say a book is listed at $25.00. If your contract says you get 10% royalties off list, then you will get $2.50 per book. If you are getting 10% of net profits, then you’d get around $1.25 per book. Currently I believe most publishers are offering net royalties. Additionally, you will likely get a higher royalty rate for eBooks, plus you may be offered a higher royalty rate as your sales. More

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