Question
b. What is that ratio for nonfinancial firms in the following table? (Round your answer to 4 decimal places.) Assets $ Billion % Total Liabilities
b. What is that ratio for nonfinancial firms in the following table? (Round your answer to 4 decimal places.) Assets $ Billion % Total Liabilities and Net Worth $ Billion % Total Real assets Liabilities Equipment and software $ 4,427 14.1 % Bonds and mortgages $ 5,454 17.3 % Real estate 9,744 31.0 Bank loans 893 2.8 Inventories 1,824 5.8 Other loans 1,446 4.6 Trade debt 1,846 5.9 Total real assets $ 15,995 50.9 % Other 4,788 15.2 Total liabilities $ 14,427 45.9 % Financial assets Deposits and cash $ 722 2.3 % Marketable securities 1,191 3.8 Trade and consumer credit 2,372 7.5 Direct investment abroad 4,243 13.5 Other 6,925 22.0 Total financial assets $ 15,453 49.1 % Total $ 31,448 100.0 % Net worth $ 17,021 54.1 % $ 31,448 100.0 %
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