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

USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, eg, 52.75.) ASSETS $7 million 30 Cash assets Loans secured by real estate Commercial and indusloans Securities owned Bank fixed assets 20 7 10 Total assets $74 million LIABILITIES & STOCKHOLDERS' EQUITY Demand deposits 20 million Time and savings deposits 40 Federal funds purchased 6 LIABILITIES & STOCKHOLDERS' EQUITY 20 million 40 Demand deposits Time and savings deposits Federal funds purchased Other long-term liabilities 6 3 5 Stockholders equity Total liab,& equity capital 74 million Common equity capital ratio %
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