Examine the balance sheet of commercial banks in the following table. Real assets Assets Equipment and premises Other real estate Total real assets Financial assets Cash Investment securities Loans and leases other financial assets Total financial assets Other assets Intangible assets Other Total other assets Total 5 Billion % Total $ 146.2 68.9 $ 215.1 $ 896.3 8,032.1 6,747.3 1,221.2 $16,896.9 $ 426.4 800.7 $1,227.1 $18,339.1 0.8% 0.4 1.2% 4.9% 43.8 36.8 6.7 92.1% 2.3% 4.4 6.7% 100.0% Liabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Liabilities and Net Worth Total liabilities Net worth Balance sheet of FDIC-Insured commercial banks and savings institutions adian niter 5 Billion $18,280.3 1,286.0 1,995.0 1,598.0 $15,160.3 $ 3,178.8 $18,339.1 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, October 2018. 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.) Assets Real assets Equipment and software Real estate Inventories 5 Billion & Totel $ 4,447 9,777 1,844 16.2% 35.7 6.7 Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans Other loans s Billion $ 5,474 923 1,470 % Total 20.05 3.4 5:4 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.) 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 5 Billion & Total $ 4,447 16.2% 9,777 35.7 1.844 6.7 $16,068 58.6% $ 732 1,221 2,392 8.7 6,993 25.5 $11,338 41.4% $27,406 100.0% 2.7% 4.5 Liabilities and Net Horth Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other Balance sheet of U.S. nonfinancial corporations Note: Column sums may differ from total because of rounding error 20 Total liabilities Net worth Billion $ 5,474 923 1,470 1,870 4,828 $14,565 $27,406 Total 20.05 3.4 5.4 6.8 17.6 53.1% 100.0% Total real assets Financial assets Deposits and cash. Marketable securities Trade and consumer credit Other Total financial assets. Total $16,068 Ratio for nonfinancial firms 58.6% $ 732 2.7% 1,221 4.5 2,392 8.7 6,993 25.5 $11,338 41.4% $27,406 100.0% Trade debt Other Total liabilities Net worth 1,878 4,828 $14,565 $12,841 $27,406 6.8 17.6 53.1% 46.9% 100.0% Balance sheet of US. 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