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TABLE 1.4 Balance sheet of U.S. nonfinancial corporations Liabilities and Net Wo

ID: 2814509 • Letter: T

Question

TABLE 1.4 Balance sheet of U.S. nonfinancial corporations Liabilities and Net Worth Liabilities Assets $Billion %Total $Billion %Total Real assets $7,905 654 1,072 1,996 4.275 $15,902 22.6% 1.9% 3.1% 5.7% 12.2% 45.4% $6,200 10,166 Bonds and m ortgages Equipment & intellectual property Real estate Inventories 17.7% 29.0% 6.3% 53.1% Bank loans Other loans Trade debt Other 2,203 .3 Total real assets $18,569 Financial assets Total liabilities Deposits and cash Marketable securities Trade and consumer credit Other $1,040 838 2,581 11,969 $16,428 $34.997 3.0% 2.4% 7,4% 34.2% 46.9% 100.0% 19094 $34.997 Total financial assets Net worth 54.6% Total 100.0% ouroe: Flow of Funds Accounts of the United States, Board of Govermors of the Federal Reserve System, June 2014.

Explanation / Answer

Answer a:

Total real assets = 18569

Total assets = 34997

Real assets/total assets = 18569 / 34997 =.5306