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Examine the balance sheet of commercial banks in the following table. Assets $ Billion % Total Liabilities and Net Worth $ Billion % Total Real

Examine the balance sheet of commercial banks in the following table.

Assets $ Billion % Total Liabilities and Net Worth $ Billion % Total
Real assets Liabilities
Equipment and premises $ 121.3 0.9 % Deposits $ 10,260.3 73.7 %
Other real estate 44.8 0.3 Debt and other borrowed funds 743.5 5.3
Federal funds and repurchase agreements 478.8 3.4
Total real assets $ 166.1 1.2 % Other 855.8 6.1
Total liabilities $ 12,338.4 88.6 %
Financial assets
Cash $ 1,335.9 9.6 %
Investment securities 2,930.6 21.0
Loans and leases 7,227.7 51.9
Other financial assets 1,161.5 8.3
Total financial assets $ 12,655.7 90.9 %
Other assets
Intangible assets $ 371.4 2.7 %
Other 732.8 5.3
Total other assets $ 1,104.2 7.9 % Net worth $ 1,587.6 11.4 %
Total $ 13,926.0 100.0 % $ 13,926.0 100.0 %
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, July 2012.

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

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