leverage is ratio of total labilities (debt to net worth (equity)

Textbook, p. 284, exercise 4. Leverage in the nancial system: Choose two nancial institutions and look up their balance sheets online. (For example, Yahoo! Finance provides these data in an easily accessible form at nigg'fance.yahoo.eom/gfbs?s=GS/l Click the 1m]; then click "balance sheet\" right above the bald words \"Income Statement? a. What is the leverage ratio of the two companies you've chosen?! b. For each $100 of assets, how much is nanced with equity and how much with debt)? c. By what percentage would assets have to decline in value to bankrupt these nancial institutions