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TABLE 1.3 Balance sheet of Federal Deposit Insurance Corporation (FDIC)-Insured Commercial Banks and Savings Institutions Assets $ Billion Total Liabilities and Net Worth $ Billion

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TABLE 1.3 Balance sheet of Federal Deposit Insurance Corporation (FDIC)-Insured Commercial Banks and Savings Institutions Assets $ Billion Total Liabilities and Net Worth $ Billion % Total Real assets Liabilities Equipment and premises Other real estate $13.925.7 77.0% 10% 0.0 Deposits Debt and other borrowed funds 1.199.8 Total real assets 10% Federal funds and reparchase agreements 6.6 264.8 15 639.7 3.5 Other Total liabilities $160300 88.6% 9.4% Net worth $2.060.1 11.4% $18.090.1 100.0% $1776 6.6 $184.2 $1,699.7 3,724.4 20,6 10.0222 55.4 1.270.7 7.0 $16,7170 92,4% $399.3 2.2% Total other assets 789.6 44 $1.188.9 6.6% $18.090.1 100.0% Total Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, www.fdic.gov, August 2019, Financial assets Cash Investment securities Loans and leases Other financial assets Other assets Total financial assets Intangible assets Other 15 6 points Book Print References Problem 1-12 (Static) Examine the balance sheet of commercial banks in Table 1.3. Required: a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.) Ratio of real to total assets b. What is that ratio for nonfinancial firms? (Table 1.4) (Round your answer to 4 decimal places.) The ratio for nonfinancial firms Check my work

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