College textbooks royalties are typically expressed as a

Question

Quizplus · Accepted Answer

College textbooks royalties are typically expressed as a percentage of net sales, which means that the author or publisher receives a percentage of the revenue from the sale of each book after deducting the cost of production and any discounts or returns. This is the fairest and most common way to calculate royalties, as it takes into account the actual revenue generated by the book. Choice B is incorrect because it would not take into account the cost of goods sold, which could significantly reduce the author's or publisher's profit margin. Choices C and D are incorrect because they would not reflect the actual sales of the book and could become outdated if a new edition is published.

College Textbooks Royalties Are Typically Expressed as a