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.)

Ratio of real to total assets ____________

b. Assuming that the listed intangible assets are not real, what is that ratio for nonfinancial firms? (Table 1.4) (Round your answer to 4 decimal places.)

The ratio for nonfinancial firms ____________

TABLE 1.3 Balance sheet of FDIC-insured commercial banks and savings institutions Liabilities and Assets $Billion % Total Networth $ Billion % Total Real assets Liabilities Equipment and premises Other real estate $ 120.7 27.9 148.6 0.8% 0.2% 1.0% Deposits Debt and other borrowed funds Federal funds and repurchase agreements Other $11,490.3 888.2 366.7 703.2 $13,448.4 75.8% 5.9% 2.4% 4.6% 88.7% Total real assets Total liabilities Financial assets as Investment securities Loans and leases Othe $1.8431 3.1 13.1 8,111.2 870.3 $13,937.7 12.2% 20.5% 53.5% 57% 91.9% r financial assets Total financial assets Other assets 365.6 712.7 1,078.3 $15,164.6 2.4% 47% 7.1% 100.0% Intangible assets Other 1,716.2 $1 5,1 64.6 11.3% 1 00.0% Total other assets Net worth Total Column sums may difer from total because of rounding error. Federal Deposit Insurance Corporation, www.fdic.gov. September 2014. http://www2.fdic.gov/qbp/index asp