Go to the Standard & Poor's Market Insight Web site at www.mhhe.com/edu- marketinsight and look up the most recent balance sheets for Merrill Lynch (MER) and Morgan Stanley Dean Witter (MWD) using the following steps. Click on "Educational Version of Market Insight." Enter your site ID and click on "Login." Click on "Company." Enter "MER" in the "Ticker:" box and click on "Go!" Click on "Excel Analytics." Click on "FS Ann. Balance Sheet." This will download the Balance Sheet for Merrill Lynch which contains the balances for total equity and total assets. Repeat the process by entering "MWD" in the "Ticker:" box to get information on Morgan Stanley Dean Witter. Compare the equity ratios for these firms with that for the broker-dealer industry listed in Table 4-6.