Examine the balance sheets given in Table 1.3. a. What is the ratio of real assets to total assets for commercial banks? (Round your answer to 4 decimal places.) & Answer is complete but not entirely correct. Ratio of real to total assets 7.4611 X TABLE 1.3 Balance sheet of FDIC-insured commercial banks and savings institutions Assets $ Billion Liabilities and Net Worth % Total $ Billion % Total $ 0.7% Real assets Equipment and premises Other real estate Total real assets 120.2 10.9 125.2 0.1 $ Liabilities Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other Total liabilities 76.8% 7.0 1.4 0.7% $12,894.7 1.170.9 233.7 611.1 $14,910.4 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 $15,612.5 10.8% 21.2 54.7 6.3 93.0% 350.4 692.1 $ 1,042.5 $16,780.2 2.1% 4.1 7.2% 100.0% Net worth $ 1,869.8 $16,780.2 11.1% 100.0% Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, wwwfdic.gov, March 2017