CONNECT WITH LEARNSMART FOR BODIE: ESSE
CONNECT WITH LEARNSMART FOR BODIE: ESSE
11th Edition
ISBN: 9781265046392
Author: Bodie
Publisher: MCG
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Chapter 1, Problem 12PS

Examine the balance sheet of commercial banks in Table 1.3. (LO 1-2)
a. What is the ratio of real assets to total assets?
b. What is that ratio for nonfinancial firms (Table 1 .4)?
c. Why should this difference be expected?

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