a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Examine the balance sheet of commercial banks in the following table.
Liabilities and Net
Assets
S Billion
96 Total
$ Billion
9% Total
Worth
Real assets
Liabilities
Equipment and
premises
193.7
13 9%
Deposits
s 10,277.3
67.1 96
Other real
Debt and other
48.9
0.3
990.0
6.5
estate
borrowed funds
Federal funds and
Total real assets
2426
16 | %
repurchase
agreements
942.0
6.2
Other
929.0
6.1
Total liabilities
$| 13,138.3
85.8 9%
Financial assets
Cash
890.3
5.8 %
Investment
5,032.1
32.9
securities
Loans and
6,711.3
43.8
leases
Other financial
1,215.2
7.9
assets
Total financial
S 13,848.9
90.5 9%
assets
Transcribed Image Text:Examine the balance sheet of commercial banks in the following table. Liabilities and Net Assets S Billion 96 Total $ Billion 9% Total Worth Real assets Liabilities Equipment and premises 193.7 13 9% Deposits s 10,277.3 67.1 96 Other real Debt and other 48.9 0.3 990.0 6.5 estate borrowed funds Federal funds and Total real assets 2426 16 | % repurchase agreements 942.0 6.2 Other 929.0 6.1 Total liabilities $| 13,138.3 85.8 9% Financial assets Cash 890.3 5.8 % Investment 5,032.1 32.9 securities Loans and 6,711.3 43.8 leases Other financial 1,215.2 7.9 assets Total financial S 13,848.9 90.5 9% assets
Other assets
Intangible
assets
423.4
28 9%
Other
794.7
5.2
Total other
1,218.1
8.0 96
Net worth
2,171.3
14.2 9%
assets
Total
S 15,309.6
100.0 9%
S 15,309.6
100.0 | 9%
Balance sheet of FDIC-insured commercial banks and savings institutions
Note: Column sums may differ from total because of rounding error.
Source: Federal Deposit Insurance Corporation, www.fdic.gov, March 2016.
a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.)
Transcribed Image Text:Other assets Intangible assets 423.4 28 9% Other 794.7 5.2 Total other 1,218.1 8.0 96 Net worth 2,171.3 14.2 9% assets Total S 15,309.6 100.0 9% S 15,309.6 100.0 | 9% Balance sheet of FDIC-insured commercial banks and savings institutions Note: Column sums may differ from total because of rounding error. Source: Federal Deposit Insurance Corporation, www.fdic.gov, March 2016. a. What is the ratio of real assets to total assets? (Round your answer to 4 decimal places.)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Investments
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education