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Looking for the Ratio for Nonfinancial firms thanks chegg! $ Billion % Total $ Billion % Total Liabilities and Net Worth Liabilities Assets Real assets
Looking for the Ratio for Nonfinancial firms thanks chegg!
$ Billion % Total $ Billion % Total Liabilities and Net Worth Liabilities Assets Real assets Equipment and premises $ 156.2 0.9% $10,281.3 56.0% Other real estate 68.9 0.4 1,286.0 7.0 Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other 1,967.0 1,523.0 10.7 8.3 Total real assets $ 225.1 1.2% Total liabilities $15,057.3 82.0% Financial assets Cash Investment securities Loans and leases Other financial assets $ 898.3 8,032.1 6,759.3 1,223.2 4.9% 43.7 36.8 6.7 $16,912.9 92.1% Total financial assets Other assets Intangible assets Other $ 427.4 802.7 2.3% 4.4 Total other assets $ 1,230.1 6.7% Net worth $ 3,310.8 18.0% Total $18,368.1 100.0% $ 18,368.1 100.0% 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 0.0123 b. What is that ratio for nonfinancial firms in the following table? (Round your answer to 4 decimal places.) $ Billion % Total Assets $ Billion % Total Real assets Equipment and software $ 4,457 14.1% Real estate 9,472 30.0 Inventories 1,854 5.9 Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans Other loans Trade debt Other $ 5,484 938 1,482 1,882 17.4% 3.0 4.7 6.0 15.4 Total real assets $ 15,783 50.0% 4,848 Total liabilities $14,634 46.4% 737 1,236 2.3% 3.9 Financial assets Deposits and cash Marketable securities Trade and consumer credit Direct investment abroad Other 2,402 7.6 4,454 14.1 6,929 22.0 Total financial assets $15,758 50.0% Total $ 31,541 100.0% Net worth $16,907 53.6% $ 31,541 100.0% Balance sheet of U.S. 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, June 2012 Ratio for nonfinancial firms oStep by Step Solution
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