Question 14 USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, e.g. 52.75.) ASSETS Cash assets $7 million Loans secured by real estate 30 Commercial and indus. loans 20 Securities owned 7 Bank fixed assets 20 Total assets $84 million LIABILITIES & STOCKHOLDERS' EQUITY Demand deposits 20 million Time and savings deposits 40 Federal funds purchased 6 Other long-term liabilities 2 Stockholders' equity 16 Total liab. & equity capital 84 million Common equity capital ratio %