Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

$ Billion % Total $12,8947 1.170.9 233.7 611.1 $14.9104 768% 70 1.4 3.6 88.9% TABLE 1.3 Balance sheet of FDIC Insured commercial banks and savings

image text in transcribed
image text in transcribed
image text in transcribed
$ Billion % Total $12,8947 1.170.9 233.7 611.1 $14.9104 768% 70 1.4 3.6 88.9% TABLE 1.3 Balance sheet of FDIC Insured commercial banks and savings Institutions Liabilities and Assets $ Billion % Total Net Worth Real assets Liabilities Equipment and premises $120.2 0.7% Deposits Other real estate 109 0.1 Debt and other borrowed funds Totalred assets $ 125.2 0.7% Federal funds and repurchase agreements Other Toral liabilities Financial assets Cash $ 1,810.0 10.8% Investment securities 3,559.5 212 Loans and leases 9,183.9 54.7 Other financial assets 1,059,2 6.3 Totol financial assets $15,6125 93.0% Other assets Intangible assets $ 350.4 2.1% Other 692.1 4.1 Total other assets $ 1,042.5 7.2% Net worth Total $16,7802 100.0% $ 1,869,8 $16.7802 11.1% 100.0% No: Columns may differ from soal because of roundinger Source: Federal Deposit Iurance Corporation www.dic.pw. March 2017 TABLE 1.4 Balance sheet of U.S. nonfinancial corporations Assets Liabilities and Net Worth $ Billion % Total $ Billion % Total Real assets Equipment and intellectual property Real estate Inventories Total real assets $ 6,936 13.319 2.280 $22.535 16.6% 31.9 5.5 54.0% Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other Total liabilities $ 6,299 985 1.140 2,146 7,495 $18.065 15.1% 2.4 2.7 5.1 17.9 43.3% Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets Total $ 1,070 1,011 2,800 14,344 19,224 $41.759 2.6% 2.4 6.7 34.3 46.0 100.0% Net worth $23.694 $41,759 56.7% 100.0% 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 2017 Check 4 Examine the balance sheets given in Table 1.3. a. What is the ratio of real assets to total assets for commercial banks? (Round your answer to 4 decimal places.) 2.22 points Ratio of real to total assets eBook Print References b. What is that ratio for nonfinancial firms? (Table 14) (Round your answer to 4 decimal places.) The ratio for nonfinancial firms

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting A Contemporary Approach

Authors: David Haddock, John Price, Michael Farina

4th edition

978-1259995057, 1259995054, 978-0077503987, 77503988, 978-0077639730

Students also viewed these Finance questions