Question: USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, e.g. 52.75.) ASSETS Cash assets $8 million Loans

USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO.

USE THE DATA BELOW AND CALCULATE THE COMMON EQUITY CAPITAL RATIO. (Round answer to 2 decimal places, e.g. 52.75.) ASSETS Cash assets $8 million Loans secured by real estate 30 Commercial and indus. loans 20 Securities owned 2 Bank fixed assets 20 Total assets $85 million LIABILITIES & STOCKHOLDERS' EQUITY Demand deposits 20 million Time and savings deposits 40 Federal funds purchased Other long-term liabilities 5 Stockholders' equity Total liab. & equity capital 85 million Common equity capital ratio 0.15

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