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Grove Corp. has revenues of $1,550,000 resulting in an operating income of $126,000. Average invested assets total $760,000. If sales increase by 10% and the

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Grove Corp. has revenues of $1,550,000 resulting in an operating income of $126,000. Average invested assets total $760,000. If sales increase by 10% and the investment level remains constant, what is the investment turnover? (Round your intermediate calculations and final answers to 2 decimal places.) Multiple Choice O 2.04 8.83% O 2.24 O O 8.13%

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