On January 1, 201X, Mayberry Company bought a patent for $50,000. Its estimated useful life is five years. Record the amortization for the first two years

Annual-plan control requires making sure the company isn't overspending to achieve sales goals. The key ratio to watch is ________

A) stock turnover B) gross margin C) return on capital D) cash flow return on investment E) marketing expense-to-sales

What is the first step in developing an effective sales training program?

A) measuring sales training interest levels B) conducting a training needs assessment C) establishing a sales training budget D) setting sales training goals E) selecting a training provider