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b. What is the ratio of real assets to total assets for nonfinancial firms in the following table? (Round your answer to 4 decimal

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b. What is the ratio of real assets to total assets for nonfinancial firms in the following table? (Round your answer to 4 decimal pla $ Billion Total Assets Real assets Equipment and software Real estate Inventories Total real assets Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets Total Liabilities and Net Worth Liabilities $ Billion % Total 1,764 $15,855 $ 4,432 16.4% 9,659 35.8 6.5 Bonds and mortgages $ 5,394 20.0% Bank loans 803 3.0. Other loans 1,374 5.1 58.8% Trade debt 1,774 6.6 Other 4,668 17.3 Total liabilities $14,013 52.0% 692 2.6% 1,101 2,312 4.1 8.6 6,988 25.9 $11,093 41.2% Net worth $12,935 48.0% $ 26,948 100.0% $26,948 100.0% Balance sheet of U.S. nonfinancial corporations Note: Column sums may differ from total because of rounding error. Source: Flow of Funds Accounts of the United States, Board of Governors of the Federal Reserve System, September 2018 Answer is complete but not entirely correct. Ratio for nonfinancial firms 59.1691

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