You are attempting to categorize several items from your companys financial statements so you can determine your working capital. You notices the following categories of accounts and amounts: cash, $3,000; accounts payable, $10,000; accounts receivable, $15,000; sales taxes due city of Cleveland, $700; sales taxes due the Cleveland Department of Revenue, $3,000; inventory, $17,000; wages payable, $5,000; taxes payable (federal), $2,000; and money market fund, $12,000.

What is the current ratio.