Examine the balance sheet of commercial banks in the following table. $ Billion Total $ Billion % Total Assets Real assets Equipment and premises Other real estate $ 203.7 58.9 1.3 % 0.4 $ 10,278.3 903.0 67.0 % 5.9 Liabilities and Net Worth Liabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Total liabilities Total real assets $ 262.6 1.7 % 1,046.0 6.8 942.0 $ 13,169.3 6.1 85.8 % Financial assets Cash Investment securities Loans and leases Other financial assets Total financial assets Other assets Intangible assets Other Total other assets Total $ 892.3 5,032.1 6,723.3 1,217.2 $ 13,864.9 5.8 % 32.8 43.8 7.9 90.3 % $ 424.4 796.7 $ 1,221.1 $ 15, 348.6 2.8 % 5.2 8.0 % 100.0 % Net worth 14.2 $ $ 2,179.3 $ 15, 348.6 100.0 % Balance sheet of FDIC-insured commercial banks and savings institutions Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, www.fdic.gov, March 2016. a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.) Ratio of real assets to total assets 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 $ Billion % Total Assets Real assets Equipment and software Real estate Inventories Total real assets $ 4,427 9,744 1,824 $15,995 16.3 % 35.8 6.7 58.8 % Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other Total liabilities $ 5,454 893 1,446 1,846 4,788 $14,427 20.0 % 3.3 5.3 6.8 17.6 53.0 % Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets $ 722 1,191 2,372 6,925 $11,210 $27, 205 2.6 % 4.4 8.7 25.4 41.2 % Net worth 47.0 % $12,778 $27, 205 Total 100.0 % 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, March 2016. Ratio for nonfinancial firms