John's Division of John and Sons has the following data related to a particular period:

Average invested capital 1545183

Imputed Interest Rate 10%

Revenues 1611730

Variable costs 328926

Fixed cost related solely to the divission 255415

Calculate the investment turnover (rounded to 2.d.p) for the period.

Select one:

a) 0.96

b) 1.04

c) 0.83

d) 0.64