___ = Current Assets ÷ Current Liabilities.

A) Acid Test
B) Current Ratio
C) Debt Ratio
D) Assets Turnover ratio
E) Net Current Margin

The formula given represents the Current Ratio, which measures the ability of a company to pay off its short-term liabilities using its current assets. A Current Ratio of 1 or higher is generally considered good, indicating that the company has enough current assets to cover its current liabilities. Therefore, option B is the correct choice. Option A (Acid Test) is another liquidity ratio similar to the Current Ratio but excludes inventory from current assets, providing a more stringent measure of a company's ability to pay off its short-term liabilities. Option C (Debt Ratio) is a solvency ratio that measures the proportion of a company's assets financed by debt, while Option D (Asset Turnover Ratio) is an efficiency ratio that measures how effectively a company is using its assets to generate revenue. Option E (Net Current Margin) is not a commonly used financial ratio.