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See Attached. Advent phone Systems uses both ROI and Rl to evaluate its divisional manage rs. The following performance details for the Software division of

See Attached.

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Advent phone Systems uses both ROI and Rl to evaluate its divisional manage rs. The following performance details for the Software division of Advent Phone Systems are provided to you from the most recent year of operations: Minimum desired rate of return 10% Return on Investment 20% Sales margin 25% Residual Income $120,000 What is the sales revenue for the software division for the most recent yea r? O A. $600,000 0 B. $960,000 0 c. $1,200,000 0 D.$480,000 O E. $2,400,000

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