Question

Every company is required to invest ________ % of its total value of deposits repayable in the next accounting year in thc liquid assets. (Fill in the blank by choosing correct option)
a) 10
b) 15
c) 20

Answer 1

.Every company is required to invest ________ % of its total value of deposits repayable in the next accounting year in thc liquid assets. (Fill in the blank by choosing correct option)
a) 10 ✔✔✔
b) 15
c) 20

Answer 2

Every company is required to invest 15 % of its total value of deposits repayable in the next accounting year in the liquid assets.

Required invest percentage for every  company:

The correct answer is b) 15.

• Every company is required to invest 15% of the total value of deposits.
• Deposits payable on demand can be accepted by a company.
• The company's equity shares that are issued to existing equity shareholders

a) 10: Every company is required to invest 15% of the total value of deposits. So invest of 10% is the wrong answer.

c) 20: Every company is required to invest 15% of the total value of deposits. So invest of 20% is the wrong answer.

conclusion: The correct option is B. 15

Every company is required to invest 15 % of its total value of deposits repayable in the next accounting year in the liquid assets.