Morgan Stanley Posts Record Profit on Second-Quarter Trading Boom

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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the reported return on tangible equity in the extraordinary financial report?
10.5%
18.9%
15.7%
12.3%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What humorous comparison is made regarding Morgan Stanley's cost-saving measures?
They reduced office supplies.
They avoided buying expensive coffee.
They skipped holiday bonuses.
They didn't attend Yankees games.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the equity sales and trading revenue reported for the second quarter?
1.5 billion
2.62 billion
3.1 billion
2.27 billion
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Morgan Stanley's return on equity compare to its long-term goals?
It was not mentioned.
It exceeded their goals.
It was in line with their goals.
It was below their goals.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the return on equity reported by Goldman Sachs the day before?
9%
11%
13%
15%
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