How do you work out current ratio with the following figures :

31 December 2022

Inventories 405,000

Accounts receivable 1,330,000

Cash 777,000

Accounts payable 850,000

Additional information:

1. Inventories on 31 December 2021 amounted to 377,000

2. All purchases and sales on inventory are on credit

3. 500,000 ordinary shares have been issue by the company

4. The credit terms offered are 60 days