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Richard's Division of Richard and Sons has the following data related to a particular period: Average invested capital$ 700 000 Imputed interest rate10% Revenues$1 900

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

Average invested capital$ 700 000

Imputed interest rate10%

Revenues$1 900 000

Variable costs$1 150 000

Fixed costs related solely to the division$ 673 000

Calculate the investment turnover (rounded) for the period.

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