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USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, e.g. 52.75.) Cash assets ASSETS $7 million 30

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USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, e.g. 52.75.) Cash assets ASSETS $7 million 30 20 Loans secured by real estate Commercial and indus. loans 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 3 Stockholders' equity 15 Total liab. & equity capital 84 million

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