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Please need some help with this. Examine the balance sheet of commercial banks in the following table. $ Billion % Total $ Billion % Total
Please need some help with this.
Examine the balance sheet of commercial banks in the following table. $ Billion % Total $ Billion % Total Assets Real assets Equipment and premises Other real estate Total real assets $ 111.9 13.2 125.2 0.8 % 0.1 0.8 % Liabilities and Net Worth Liabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Total liabilities $ $ 11,349.4 1,038.1 259.4 563.7 $ 13,210.6 76.2 % 7.0 1.7 3.8 88.7 % Financial assets Cash Investment securities Loans and leases Other financial assets Total financial assets Other assets Intangible assets Other Total other assets Total $ 1,686.4 3,425.4 8,060.9 553.0 $ 13,725.7 11.3 % 23.0 54.1 3.7 92.2 % $ 350.4 692.1 $ 1,042.5 12. 5 $ 14,893.4 2.4 % 4.6 7 .0 % 100.0 % Net worth $ 1,682.8 $ 14,893.4 11.3 % 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, March 2016. a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.) Ratio of real assets to total assetsStep by Step Solution
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