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.) Ratio of real to total assets b. What is that ratio for nonfinancial firms? (Table 14) (Round your answer to 4 decimal places.) The ratio for nonfinancial firms TABLE 1.3 Balance sheet of FDIC-insured commercial banks and savings institutions Liabilities and $ Billion % Total Networth $ Billion % Total Assets Real assets Llabilities Equipment and premises $ 120.2 0.7% Deposits $12.8947 768% 1,170.97. 233.7 Other real estate 10.9 0.1 Debt and other borrowed funds $ 0.7% Total real assets 125.2 Federal funds and repurchase agreements 3.6 611.1 Other Total liabilities $14.9 10.4 88.9% Financial assets $1,810.0 10.8% Cash ,559.5 21.2 9,183.9 54.7 Investment securities Loans and leases Other financial assets 1,059.2 $15,612.5 6.3 93.0% Total financial assets Other assets $ 350.4 2.1% Intangible assets 692.1 $1,042.5 Other Total other assets 7.2% $1,869.8 11.1% Net worth Total $16,780.2 100.0% $16,780.2 100.0% Not: Column sums may differ from total because of rounding error Source: Federal Deposit Insurance Corporation, www.fdie.gov, March 2017 TABLE 1.4 Balance sheet of U.S. nonfinancial corporations Liabilities % Total $ Billion Assets $ Billion % Total and Net Worth Real assets Liabilities 15.1% Equipment and intellectual property 6,936 13,319 Bonds and mortgages 6,299 985 16.6% 31.9 2.4 Real estate Bank loans 5.5 2,280 Other loans Inventories 1,140 2.7 $22,535 Total real assets 54.0% Trade debt 2.146 7.495 17.9 Other Total liabilities $18,065 Financial assets 43.3% 2.6% 2.4 Deposits and cash $1,070 Marketable securities 1,011 2,800 14,344 6.7 Trade and consumer credit 34.3 Other 46.0 $23,694 Total financial assets 19,224 Net worth 56.7% $41,759 100.0% $41,759 Total 100.0% Not: 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