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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 places.)
b. What is the ratio of real assets to total assets for nonfinancial firms in the following table? (Round your answer to 4 decimal places.) $ Billion % Total Assets Real assets Equipment and software Real estate Inventories Total real assets $ 4,352 9,670 1,684 $15,706 16.4 % 36.5 6.4 59.3 % Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other Total liabilities $ 652 981 Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial as Total 6,925 $10,790 $ 26,496 2.5 % 3.7 8.4 26.1 40.7 % 100.0 % Net worth 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, March 2016. Ratio for nonfinancial firms 1.6870
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