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TABLE 1.3 Balance sheet of FDIC-Insured commercial banks and savings institutions $ Billion % Total Liabilities and Net Worth $ Billion % Total Assets Real

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TABLE 1.3 Balance sheet of FDIC-Insured commercial banks and savings institutions $ Billion % Total Liabilities and Net Worth $ Billion % Total Assets Real assets Equipment and premises Other real estate Total real assets $ 120.2 0.7% 0.1 $ 1252 079 Llabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Total liabilities $12.894.7 1.170.9 233.7 611.1 $14.910.4 76.8% 70 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 54.7 6.3 930% $ 350.4 6921 $1,042.5 $16,780.2 2.1% 4.1 7.2% 100.0% $ 1,869.8 $16,780 2 11.1% 100.0% Not: Columsums may differ from total because of rounding error Source: Federal Deposit Insurance Corporation, wwwddic.go, March 2017 Examine the balance sheets given in Table 1.31 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 L 0:52:07 b. Assuming that the listed intangible assets are not real, what is that ratio for nonfinancial firms? (Table 14) (Round your decimal places.) The ratio for nonfinancial firms

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