“Whichever way it is calculated, after enough copies have sold to pay back your advance to the publisher you’ll then begin to receive additional m...ney as royalties.“Anyway, we issue statements every six months along with a check for any amount owed to the author. I would add that like the IRS we’ll hold back a portion of your payment as a hedge against returns. The amount withheld should be specified on the statement, and it is usually released to the author within 1, 2, or 3 reporting periods.. "Oh honey, of course I'm sure," Sally pulled me into a warm embrace. "But in the mean time, I think you may want to try some of these, uh, looser styles ... you know, just temporarily." Okay." I used to work in the 'business world'," Sally said. We were in a nearby wine bar, swapping war stories."Really?" I asked. "Where?" Proctor and Gamble. I was group president of global fabric care." Wow! Impressed I am!" Don't be. They have, like, dozens of presidents." But even so, if you were a president. More

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