On 1 January 2018, a business forecast sales for the year ending 31 December 2018 of $450000. At that date, its non-current assets amounted to $306000. On 1 July 2018, it bought new machinery costing $180000 so that its sales would rise by a further $20000 each month. What was the rate of non-current asset turnover in 2018? (Ignore depreciation.)
- A1.17 times
- B1.42 times
- C1.44 times
- D1.74 times