BLE 1.4 Balance sheet of U.S. nonfinancial corporations Saved Ip Save & Exit Submit sets Real assets Check my work Examine the balance sheet of commercial banks in Table 1.3. Required: a. What is the ratio of real assets to total assets? Note: Round your answer to 4 decimal places. Ratio of real to total assets 0.0080 Equipment & intellectual property Real estate Inventories Total real assets nancial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets. Total $ Billion % Total $ 9,314 16,479 3,481 29,273 17.0% 30.1 Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans & mortgages $ Billion % Total $ 7,542 13.8% 2,526 4.6 6.4 % Other loans 2,492 6.4 53.4% Trade debt 3,519 Other 8,636 15.8 Total liabilities $ 24,715 45.1% $ 2,844 5.2% 3,177 5.8 4,942 9.0 14,541. 26.5 25,504 $ 54,777 46.6 100.0% Net worth $30,062 $ 54,777 54.9% 100.0% : Column sums may differ from total because of rounding error. ce: Flow of Funds Accounts of the United States, Board of Governors of the Federal Reserve System, September 2022. b. What is that ratio for nonfinancial firms? (Table 1.4) Note: Round your answer to 4 decimal places. Ratio of real to total assets for nonfinancial firms: < Prev 3 of 3 Next

Principles of Accounting Volume 1
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Chapter12: Current Liabilities
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Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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BLE 1.4 Balance sheet of U.S. nonfinancial corporations
Saved Ip
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Real assets
Check my work
Examine the balance sheet of commercial banks in
Table 1.3.
Required:
a. What is the ratio of real assets to total assets?
Note: Round your answer to 4 decimal places.
Ratio of real to total assets
0.0080
Equipment & intellectual property
Real estate
Inventories
Total real assets
nancial assets
Deposits and cash
Marketable securities
Trade and consumer credit
Other
Total financial assets.
Total
$ Billion
% Total
$ 9,314
16,479
3,481
29,273
17.0%
30.1
Liabilities and Net Worth
Liabilities
Bonds and mortgages
Bank loans & mortgages
$ Billion % Total
$ 7,542
13.8%
2,526
4.6
6.4 %
Other loans
2,492
6.4
53.4%
Trade debt
3,519
Other
8,636
15.8
Total liabilities
$ 24,715
45.1%
$ 2,844
5.2%
3,177
5.8
4,942
9.0
14,541.
26.5
25,504
$ 54,777
46.6
100.0%
Net worth
$30,062
$ 54,777
54.9%
100.0%
: Column sums may differ from total because of rounding error.
ce: Flow of Funds Accounts of the United States, Board of Governors of the Federal Reserve System, September 2022.
b. What is that ratio for nonfinancial firms? (Table
1.4)
Note: Round your answer to 4 decimal places.
Ratio of real to total assets for nonfinancial firms:
< Prev
3 of 3
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Transcribed Image Text:BLE 1.4 Balance sheet of U.S. nonfinancial corporations Saved Ip Save & Exit Submit sets Real assets Check my work Examine the balance sheet of commercial banks in Table 1.3. Required: a. What is the ratio of real assets to total assets? Note: Round your answer to 4 decimal places. Ratio of real to total assets 0.0080 Equipment & intellectual property Real estate Inventories Total real assets nancial assets Deposits and cash Marketable securities Trade and consumer credit Other Total financial assets. Total $ Billion % Total $ 9,314 16,479 3,481 29,273 17.0% 30.1 Liabilities and Net Worth Liabilities Bonds and mortgages Bank loans & mortgages $ Billion % Total $ 7,542 13.8% 2,526 4.6 6.4 % Other loans 2,492 6.4 53.4% Trade debt 3,519 Other 8,636 15.8 Total liabilities $ 24,715 45.1% $ 2,844 5.2% 3,177 5.8 4,942 9.0 14,541. 26.5 25,504 $ 54,777 46.6 100.0% Net worth $30,062 $ 54,777 54.9% 100.0% : Column sums may differ from total because of rounding error. ce: Flow of Funds Accounts of the United States, Board of Governors of the Federal Reserve System, September 2022. b. What is that ratio for nonfinancial firms? (Table 1.4) Note: Round your answer to 4 decimal places. Ratio of real to total assets for nonfinancial firms: < Prev 3 of 3 Next
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