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. Assuming that the listed intangible assets are not real, what is that ratio for nonfinancial firms? (Table 14) (Round your answer to 4 decimal places.) The ratio for nonfinancial firms TABLE 13 Balance sheet of FDIC-Insured commercial banks and savings institutions $ Billion % Total $ Billion % Total Assets Real assets Equipment and premises Other real estate Toral real assets $ 120.2 0.7 Liabilities and Net Worth Liabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Total abilities 10.9 $ 1252 0.7% $12.894.7 1,170.9 233.7 611.1 $14,910.4 76.8% 7.0 1.4 3.6 88.9% Financial assets Cash Investment securities Loans and leases Other financial assets Total financial assets Other assets Intangible assets Other Total other assets Total $ 1,810.0 3,559.5 9,183.9 1,059.2 $15,6125 10.8% 21.2 547 93.0%. 2.1% 4.1 $ 350.4 692.1 $ 1.042.5 $16.780.2 Net worth 7.2% 100.0% $ 1.869.8 $16.780.2 11.1% 100.0 Note: Column sums many differ from total because of rounding error Source: Federal Deposit Insurance Corporation, www.idic.gov, March 2017 TABLE 1.4 Balance sheet of U.S. nonfinancial corporations Liabilities and Net Worth $ Billion % Total $ Billion % Total 16.6% Assets Real assets Equipment and intellectue property Real estate Inventories Total red assets 15.1% 2.4 31.9 $ 6,936 13,319 2,280 $22,535 Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other 5.5 2.7 $ 6,299 985 1,140 2.146 7,495 $18,065 540% 5.1 17.9 43.3% 1,011 24 Financial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets Total 2.800 14,344 14,344 19,224 $41,759 6.7 343 34 3 46.0 100.0% Not worth $23.694 $41.759 56.7% 100.0% Note: Columsums may differ from total because of rounding error Source: Flow of Punds Accows of the Unland States Board of Governors of the Federal Reserve System, March 2017
