Buyback
Wholesale Textbook Buyback
September 1 & 2 2010
Wednesday - Thursday
9:00am - 7:00pm
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During the last week of each term a textbook buyback will be held in the Bookstore. Additional buyback dates will be posted. Days and hours will be posted. Up to fifty percent of the purchase price will be given, unless:
Textbooks not used the following semester may be sold to a used book company for wholesale value providing they are current editions and not overstocked. Where Does Your Textbook Dollar Go? $0.321 Publisher's Paper, Printing, Editorial Costs: All Manufacturing costs from editing to paper costs to distribution, as well as storage, record keeping, billing, publishers' offices, employee's salaries and benefits. $0.153 Publisher's Marking Costs: Marketing, advertising, promotion publisher's field staff, professors' free copies. $0.099 Publisher's General and Administrative: Federal, state and local taxes, excluding sales tax, paid by authors and publishers. $0.071 Publisher Income After Taxes: After-tax income from which the publisher pays for new product development, author advances, market research and dividends to stockholders. $0.115 Author Income After Taxes: After-tax author's royalty payment from which author pays research and writing expenses. $0.013 College Store Freight Expense: The cost of getting books from the publisher's warehouse or bindery to the college store. $0.067 College Store Operations: Insurance, utilities, building and equipment rent and maintenance, accounting and data processing charges and other overhead paid by college stores. $0.114 College Store Personnel Costs: Store employees' salaries and benefits to handle ordering, receiving, pricing, shelving, cashiers, customer service, refund desk and sending extra textbooks back to the publisher. $0.047 College Store Income Pre-Tax: Note - The amount of federal, stat and/or local tax, and therefore the amount and use of any after-tax profit, is determined by the store's ownership, and usually depends on whether the college store is owned by an institution of higher education, a contract management company, a cooperative, a foundation, or by private individuals. |
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