Examine the belance sheet of commercial banks in the tonowing tabie. Lia e andSe orh Asseta Total heal sete Liabilities igment and Other real estate prenises 16.a 0.. $ 10.201.3 Deposite Debt and other borroved funde Tederal funda and repurchae gremesta Other $4.0 1,2.0 1.0 Totai real asseta 2as. 1.a 1.87.0 10.7 TI,. 2.0 total liabilities Pinaneial aeta Caah Iaveatet aecurities 4.9. ,32.1 3.? 6,75. Loans and leas 34. Other tinaneial asseta Tetal finaneial asseta 16,92. Other assete 2.1 421.4 tatangible aeta Oher Total other aseta 2.3 1.4 Net vorth Total 18,4.1 100.0 18..1 100.0 Balence sheet of FOIC-insured commercial banks and savings institutions Note: Column sums may differ from total because of rounding eror. Source: Federal Deposit Insurance Corporation, www.fdic.gov, Merch 2016. a What is the ratio of real assets to total assets? (Round your answer to 4 decimal places

Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter10: Long-term Liabilities
Section: Chapter Questions
Problem 10.10E
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Examine the balance sheet of commercial banks in the tollowing tabie.
Assete
S Blion Total
Liabilities and Net Horth
SBAllion
Total
Liabilities
Real anseta
Equipment and premisen
Other real estate
$ 10,281.3
1,206.0
156.2
0.9
Deposita
Debt and other borroved funda
Federal funda and repurehase
56.0
8.9 0.4
1.0
Total real assets
225.1
1.2
1,967.0
10.7
agreements
Other
1,523.0
S 15,057.3
8.3
82.0
Total liabilities
Tinaneial aeta
Cash
898.3
4.9
43.7
34.
1,223.2 6.?
92.1
8,032.1
6,759.3
Investment securities
Loans and leaees
Other finaneial asseta
Total financial asseta 16,912.9
Other assets
Intangible asseta
other
Total other asseta
421.4
2.3
1,230.1
1.4
6.7
$ 3,310.
18,368.1 100.0
Net vorth
18.0
$ 18,368.1 100.0
Total
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:Examine the balance sheet of commercial banks in the tollowing tabie. Assete S Blion Total Liabilities and Net Horth SBAllion Total Liabilities Real anseta Equipment and premisen Other real estate $ 10,281.3 1,206.0 156.2 0.9 Deposita Debt and other borroved funda Federal funda and repurehase 56.0 8.9 0.4 1.0 Total real assets 225.1 1.2 1,967.0 10.7 agreements Other 1,523.0 S 15,057.3 8.3 82.0 Total liabilities Tinaneial aeta Cash 898.3 4.9 43.7 34. 1,223.2 6.? 92.1 8,032.1 6,759.3 Investment securities Loans and leaees Other finaneial asseta Total financial asseta 16,912.9 Other assets Intangible asseta other Total other asseta 421.4 2.3 1,230.1 1.4 6.7 $ 3,310. 18,368.1 100.0 Net vorth 18.0 $ 18,368.1 100.0 Total 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.)
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