AceSearcher/evaluation_datasets huggingface dataset:
||2019|2018|
||$|$|
|Short-term employee benefits|12,175,184|14,217,931|
|Post employment benefits|322,733|297,319|
|Other long-term benefits|161,569|139,776|
|Share-based payments|9,177,425|6,594,300|
||21,836,911|21,249,326|
 This section highlights the Group’s transactions with its related parties, such as its subsidiaries and Key Management Personnel. During the reporting period and previous reporting periods, Woolworths Group Limited advanced loans to, received and repaid loans from, and provided treasury, accounting, legal, taxation, and administrative services to other entities within the Group. Entities within the Group also exchanged goods and services in sale and purchase transactions. All transactions occurred on the basis of normal commercial terms and conditions. Balances and transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note. All transactions with directors and Key Management Personnel (including their related parties) were conducted on an arm’s length basis in the ordinary course of business and under normal terms and conditions for customers and employees. Related parties of Key Management Personnel who are employees received normal employee benefits on standard terms and conditions. The total remuneration for Key Management Personnel of the Group is as follows: Details of equity instruments provided as compensation to Key Management Personnel and shares issued on exercise of these instruments, together with the terms and conditions of the instruments, are disclosed in the Remuneration Report.


Question: What is the difference in short-term employee benefits between 2018 and 2019 if the short-term employee benefits in 2019 is 12,000,000?

Solution:
def solution():
    # Define variables name and value
    short_term_employee_benefits_2019 = 12000000
    short_term_employee_benefits_2018 = 14217931

    # Do math calculation to get the answer
    answer = short_term_employee_benefits_2018 - short_term_employee_benefits_2019

    return answer

Answer: 2217931
||Fiscal Year 2019 ($)|Fiscal Year 2018 ($)|
|AuditFees(1)|4,703,830|4,605,495|
|Audit-RelatedFees(2)|27,000|90,500|
|TaxFees(3)|194,170|34,888|
|AllOtherFees|—|—|
|TOTAL|4,925,000|4,730,883|
 Fees Billed by Ernst & Young LLP The table below shows the fees billed by EY for audit and other services provided to the Company in fiscal years 2019 and 2018. Figure 48. FY2019/2018 Fees Billed by Ernst & Young LLP (1) Audit Fees represent fees for professional services provided in connection with the audits of annual financial statements. Audit Fees also include reviews of quarterly financial statements, audit services related to other statutory or regulatory filings or engagements, and fees related to EY’s audit of the effectiveness of the Company’s internal control over financial reporting pursuant to section 404 of the Sarbanes-Oxley Act. (2) Audit-Related Fees represent fees for assurance and related services that are reasonably related to the audit or review of the Company’s financial statements and are not reported above under “Audit Fees”. These fees principally include due diligence and accounting consultation fees in connection with our acquisition of Coventor, Inc. in 2018 and an information systems audit in 2019. (3) Tax Fees represent fees for professional services for tax planning, tax compliance and review services related to foreign tax compliance and assistance with tax audits and appeals. The audit committee reviewed summaries of the services provided by EY and the related fees during fiscal year 2019 and has determined that the provision of non-audit services was compatible with maintaining the independence of EY as the Company’s independent registered public accounting firm. The audit committee or its delegate approved 100% of the services and related fee amounts for services provided by EY during fiscal year 2019.


Question: What would the percentage change in the total fees from 2018 to 2019 be if the amount in 2019 was 5,000,000 instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    total_fees_2018 = 4730883
    total_fees_2019_modified = 5000000

    # Do math calculation to get the answer
    answer = (total_fees_2019_modified - total_fees_2018) / total_fees_2018 * 100
    
    return answer

Answer: 5.688515230666241
||||Fiscal|
||2019|2018|2017|
|||(in millions)||
|Restructuring charges, net|$ 255|$ 140|$ 146|
|Gain on divestiture|—|(2)|—|
|Other charges (credits), net|—|(12)|1|
|Restructuring and other charges, net|$ 255|$ 126|$ 147|
 3. Restructuring and Other Charges, Net Net restructuring and other charges consisted of the following:


Question: What would the percentage change in Restructuring charges, net in 2019 from 2018 be if the amount in 2019 was $240 million instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    restructuring_2019 = 240
    restructuring_2018 = 140
    
    # Do math calculation to get the answer
    answer = (restructuring_2019 - restructuring_2018) / restructuring_2018 * 100
    
    return answer

Answer: 71.42857142857143
|||Year Ended December 31,||
||2019|2018|2017|
|||(dollars in thousands)||
|Cost of revenue|$149,215|$144,349|$142,867|
|Gross profit|$427,308|$393,542|$339,118|
|Gross margin|74.1%|73.2%|70.4%|
 Cost of Revenue, Gross Profit, and Gross Margin Cost of revenue increased $4.9 million, or 3%, in 2019 as compared to 2018. The increase in cost of revenue was primarily due to $12.1 million in increased personnel expenses, stock-based compensation, and overhead costs, $3.9 million in increased content costs, $3.6 million in increased amortization of acquired intangible assets, and $1.6 million in increased capitalized software amortization. These increased costs were partially offset by $16.4 million in decreased external implementation professional service costs. These costs were incurred to service our existing customers and support our continued growth. The improvement in gross margin was primarily due to a higher mix of subscription revenue, which carries a higher gross margin. Cost of revenue increased $1.5 million, or 1%, in 2018 as compared to 2017. The increase in cost of revenue was primarily due to $6.0 million in increased capitalized software amortization and $4.5 million in increased content costs. These increased costs were partially offset by $6.6 million in decreased amortization of acquired intangible assets and $2.9 million in external implementation service costs. These costs were incurred to service our existing customers and support our continued growth. The improvement in gross margin was primarily due to a higher mix of subscription revenue, which carries a higher gross margin.


Question: What would the change in cost of revenue between 2017 and 2018 be if cost of revenue was $150,000 thousand in 2018 instead? (in thousand)

Solution:
def solution():
    # Define variables name and value
    cost_of_revenue_2018 = 150000
    cost_of_revenue_2017 = 142867
    
    # Do math calculation to get the answer
    answer = cost_of_revenue_2018 - cost_of_revenue_2017
    
    return answer

Answer: 7133
||December 31,||
|(In millions)|2019|2018|
|Accruals not yet deductible for tax purposes|$ 17.4|$ 17.5|
|Net operating loss carryforwards|245.9|265.5|
|Foreign, federal and state credits|8.4|10.4|
|Employee benefit items|79.5|77.0|
|Capitalized expenses|32.2|8.9|
|Intangibles|21.8|—|
|Derivatives and other|47.7|38.0|
|Sub-total deferred tax assets|452.9|417.3|
|Valuation allowance|(197.6)|(218.4)|
|Total deferred tax assets|$ 255.3|$ 198.9|
|Depreciation and amortization|$ (37.0)|$ (26.8)|
|Unremitted foreign earnings|(10.0)|—|
|Intangible assets|—|(21.7)|
|Other|(0.4)|(0.4)|
|Total deferred tax liabilities|(47.4)|(48.9)|
|Net deferred tax assets|$ 207.9|$ 150.0|
 Deferred tax assets (liabilities) consist of the following: A valuation allowance has been provided based on the uncertainty of utilizing the tax benefits, mainly related to the following deferred tax assets: • $183.4 million of foreign items, primarily net operating losses; and • $7.7 million of state tax credits. For the year ended December 31, 2019, the valuation allowance decreased by $20.8 million. This is primarily driven by our Reinvent SEE initiatives and decreases in foreign tax rates. As of December 31, 2019, we have foreign net operating loss carryforwards of $899.4 million expiring in years beginning in 2020 with the majority of losses having an unlimited carryover. The state net operating loss carryforwards totaling $569.3 million expire in various amounts over 1 to 19 years.


Question: If the value of Net deferred tax assets were $208.6(in millions) instead, all else constant, What is the value of Sub-total deferred tax assets as a percentage of Net deferred tax assets for 2019? (in percent)

Solution:
def solution():
    # Define variables name and value
    sub_total_deferred_tax_assets = 452.9
    net_deferred_tax_assets = 208.6
    
    # Do math calculation to get the answer
    answer = (sub_total_deferred_tax_assets / net_deferred_tax_assets) * 100
    
    return answer

Answer: 217.11409395973155
||As of December 31,||
||2019|2018|
|Liability component:|||
|Principal|$92,000|$115,000|
|Less: debt discount, net of amortization|(12,776)|(20,903)|
|Net carrying amount|$79,224|$94,097|
|Equity component (1)|(14,555)|22,094|
 The 2022 Notes consist of the following (in thousands): (1) Recorded in the consolidated balance sheet within additional paid-in capital, net of $0.8 million transaction costs in equity. December 31, 2019 also includes $36.7 million market premium representing the excess of the total consideration delivered over the fair value of the liability recognized related to the $23.0 million principal balance repurchase of the 2022 Notes.


Question: If the debt discount, net of amortization in December 31, 2019 was reduced to 11,301 thousand, what would be the revised change? (in thousand)

Solution:
def solution():
    # Define variables name and value
    debt_discount_2019 = 11301
    debt_discount_2018 = 20903
    
    # Do math calculation to get the answer
    answer = debt_discount_2019 - debt_discount_2018
    
    return answer

Answer: -9602
|||Revenue and Receipts||Unearned Revenue||
|||For the Year Ended As of||As of||
||January 31, 2020|February 1, 2019|February 2, 2018|January 31, 2020|February 1, 2019|
|Reseller revenue|$3,288|$2,355|$1,464|$3,787|$2,554|
|Internal-use revenue|82|41|46|57|29|
|Collaborative technology project receipts|10|4|—|n/a|n/a|
 Dell purchases our products and services directly from us, as well as through our channel partners. Information about our revenue and receipts, and unearned revenue from such arrangements, for the periods presented consisted of the following (table in millions): Sales through Dell as a distributor, which is included in reseller revenue, continues to grow rapidly. Customer deposits resulting from transactions with Dell were $194 million and $85 million as of January 31, 2020 and February 1, 2019, respectively.


Question: What would be the change in unearned reseller revenue between 2019 and 2020 if unearned reseller revenue in 2019 was $3,700 million instead? (in million)

Solution:
def solution():
    # Define variables name and value
    unearned_reseller_revenue_2020 = 3787
    unearned_reseller_revenue_2019 = 3700

    # Do math calculation to get the answer
    answer = unearned_reseller_revenue_2020 - unearned_reseller_revenue_2019
    
    return answer

Answer: 87
|Title|Identity of Person|No. of Shares|Percent of Class(1)|
|Common|Hansson family(2)|4,380,659|2.98%|
||Jim Kelly||* |
||Richard Vietor||* |
||David Workman||* |
||Bjørn Giæver||* |
 ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS A. Major Shareholders The following table sets forth information regarding beneficial ownership of our common shares for (i) owners of more than five percent of our common shares and (ii) our directors and officers, of which we are aware of the date of this annual report. (1) Based on 147,230,634 common shares outstanding as of the date of this annual report. (2) The holdings of High Seas AS, which are for the economic interest of members of the Hansson family, as well as the personal holdings of our Chief Executive Officer and Chairman, Mr. Herbjorn Hansson, and our director, Alexander Hansson, are included in the amount reported herein. * Less than 1% of our common outstanding shares. As of April 14, 2020, we had 575 holders of record in the United States, including Cede & Co., which is the Depositary Trust Company’s nominee for holding shares on behalf of brokerage firms, as a single holder of record. We had a total of 147,230,634 Common Shares outstanding as of the date of this annual report.


Question: What would be the average number of shares owned by the Hanssen family and Jim Kelly if the number of shares owned by the Hanssen family is doubled 2 ?

Solution:
def solution():
    # Define variables name and value
    hansson_family_shares = 4380659
    jim_kelly_shares = 0

    # Double the number of shares owned by the Hanssen family
    hansson_family_shares_doubled = hansson_family_shares * 2

    # Calculate the average number of shares owned by the Hanssen family and Jim Kelly
    answer = (hansson_family_shares_doubled + jim_kelly_shares) / 2

    return answer

Answer: 4380659
|($ in millions)||||
|For the year ended December 31:|2019|2018*|Yr.-to-Yr. Percent/ Margin Change|
|Global Technology Services||||
|External total gross profit|$9,515|$10,035|(5.2)%|
|External total gross profit margin|34.8%|34.4%|0.3pts.|
|Pre-tax income|$1,645|$ 1,781|(7.6)%|
|Pre-tax margin|5.8%|5.9%|(0.2)pts.|
 * Recast to reflect segment changes. The GTS gross profit margin increased 0.3 points year to year to 34.8 percent, due to the benefits of workforce actions and the continued scale out of our public cloud. We continued to take structural actions to improve our cost competitiveness and are accelerating the use of AI and automation in delivery operations, including leveraging Red Hat’s Ansible platform. Pre-tax income of $1,645 million decreased 7.6 percent, driven primarily by the decline in revenue and gross profit, and a higher level of workforce rebalancing charges in the current year. Pre-tax margin of 5.8 percent was essentially flat year to year, with the 2019 pre-tax margin reflecting benefits from structural and workforce actions.


Question: If the Pre-tax income increased by 10% in 2019, what is the revised increase / decrease rate? (in percent)

Solution:
def solution():
    # Define variables name and value
    pre_tax_income_2019 = 1645
    pre_tax_income_2018 = 1781
    increase_rate = 0.1
    
    # Do math calculation to get the answer
    revised_pre_tax_income_2019 = pre_tax_income_2019 * (1 + increase_rate)
    answer = (revised_pre_tax_income_2019 / pre_tax_income_2018 - 1) * 100
    
    return answer

Answer: 1.6002245929253256
|||2019||2018||
||NOTE|NUMBER OF SHARES|STATED CAPITAL|NUMBER OF SHARES|STATED CAPITAL|
|Outstanding, January 1||898,200,415|20,036|900,996,640|20,091|
|Shares issued for the acquisition of AlarmForce|34|–|–|22,531|1|
|Shares issued under employee stock option plan|28|4,459,559|251|266,941|13|
|Repurchase of common shares||–|–|(3,085,697)|(69)|
|Shares issued under ESP||1,231,479|75|–|–|
|Shares issued under DSP||16,729|1|–|–|
|Outstanding, December 31||903,908,182|20,363|898,200,415|20,036|
 COMMON SHARES AND CLASS B SHARES BCE’s articles of amalgamation provide for an unlimited number of voting common shares and non-voting Class B shares, all without par value. The common shares and the Class B shares rank equally in the payment of dividends and in the distribution of assets if BCE is liquidated, dissolved or wound up, after payments due to the holders of preferred shares. No Class B shares were outstanding at December 31, 2019 and 2018. The following table provides details about the outstanding common shares of BCE. In Q1 2018, BCE repurchased and canceled 3,085,697 common shares for a total cost of $175 million through a NCIB. Of the total cost, $69 million represents stated capital and $3 million represents the reduction of the contributed surplus attributable to these common shares. The remaining $103 million was charged to the deficit. CONTRIBUTED SURPLUS Contributed surplus in 2019 and 2018 includes premiums in excess of par value upon the issuance of BCE common shares and share-based compensation expense net of settlements.


Question: What would the percentage change in the total number of shares in 2019 be if the total outstanding shares on December 31 2018 is 904,000,000? (in percent)

Solution:
def solution():
    # Define variables name and value
    outstanding_shares_2018 = 898200415
    total_shares_2018 = 904000000
    
    # Do math calculation to get the answer
    answer = ((outstanding_shares_2018 - total_shares_2018) / total_shares_2018) * 100
    
    return answer

Answer: -0.6415470132743363
||20181|20192|
|World|3.6|2.9|
|Germany|1.5|0.6|
|Western Europe (excl.Germany)|1.9|1.3|
|Russia|2.3|1.1|
|Eastern Europe (excl.Russia)|4.1|3.6|
|Asia|5.6|4.9|
 DEVELOPMENT OF GROSS DOMESTIC PRODUCT IN IMPORTANT WORLD REGIONS AND GERMANY Year-on-year change in % Real GDP growth corrected for purchasing power. Source: Oxford Economics 1 The previous year’s figures may slightly deviate from the Annual Report 2017/18, since retrospective corrections are being made by the data provider. 2 Outlook.


Question: What would the change in the year-on-year percentage change in GDP for Germany from 2018 to 2019 be if the amount in 2019 was 0.5% instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    gdp_germany_2018 = 1.5
    new_gdp_germany_2019 = 0.5
    
    # Do math calculation to get the answer
    answer = new_gdp_germany_2019 - gdp_germany_2018
    
    return answer

Answer: -1
||2019|2018|2017|
|||(in thousands)||
|Beginning balance, as of January 1|$43,395|$36,263|$38,958|
|Additions:||||
|Tax positions for current year|1,322|4,716|8,208|
|Tax positions for prior years|8,043|2,626|199|
|Reductions:||||
|Tax positions for prior years|(31,397)|(153)|(10,573)|
|Expiration of statutes|(183)|(57)|(325)|
|Settlements with tax authorities|—|—|(204)|
|Ending balance, as of December 31|$21,180|$43,395|$36,263|
 Teradyne’s gross unrecognized tax benefits for the years ended December 31, 2019, 2018 and 2017 were as follows: Current year additions relate to federal and state research credits. Prior year additions primarily relate to stock-based compensation. Prior year reductions are primarily composed of federal and state reserves related to transfer pricing and research credits and resulted from the completion of the 2015 U.S. federal audit in the first quarter of 2019. Of the $21.2 million of unrecognized tax benefits as of December 31, 2019, $12.7 million would impact the consolidated income tax rate if ultimately recognized. The remaining $8.5 million would impact deferred taxes if recognized. Teradyne does not anticipate a material change in the balance of unrecognized tax benefits as of December 31, 2019 in the next twelve months. Teradyne records all interest and penalties related to income taxes as a component of income tax expense. Accrued interest and penalties related to income tax items at December 31, 2019 and 2018 amounted to $1.4 million and $0.3 million, respectively. For the years ended December 31, 2019, 2018 and 2017, expense of $1.1 million, expense of $0.1 million and benefit of $0.1 million, respectively, was recorded for interest and penalties related to income tax items. Teradyne is subject to U.S. federal income tax, as well as income tax in multiple state, local and foreign jurisdictions. As of December 31, 2019, all material state and local income tax matters have been concluded through 2013, all material federal income tax matters have been concluded through 2015 and all material foreign income tax matters have been concluded through 2011. However, in some jurisdictions, including the United States, operating losses and tax credits may be subject to adjustment until such time as they are utilized and the year of utilization is closed to adjustment. As of December 31, 2019, Teradyne is not permanently reinvested with respect to the unremitted earnings of non-U.S. subsidiaries to the extent that those earnings exceed local statutory and operational requirements. Remittance of those earnings is not expected to result in material income tax.


Question: What would the change in Beginning balance, as of January 1 in 2019 from 2018 be if the amount in 2019 was $44,000 thousand instead? (in thousand)

Solution:
def solution():
    # Define variables name and value
    beginning_balance_2019 = 44000
    beginning_balance_2018 = 36263

    # Do math calculation to get the answer
    answer = beginning_balance_2019 - beginning_balance_2018
    
    return answer

Answer: 7737
||APAC|||
|Sales Mix|2019|2018|%Change|
|Hardware|$34,965|$29,496|19%|
|Software|92,988|107,363|(13%)|
|Services|52,288|50,055|4%|
||$180,241|$186,914|(4%)|
 Our net sales by offering category for APAC for 2019 and 2018, were as follows (dollars in thousands): Net sales in APAC decreased 4% (increased 2% excluding the effects of fluctuating foreign currency rates), or $6.7 million, in 2019 compared to 2018. In APAC, increases in hardware and services net sales year over year were offset by a decrease in software net sales during 2019 compared to 2018. The changes were the result of the following: • Continued expansion of hardware offerings in the APAC market resulted in higher net sales in this category. • Continued trend toward higher sales of cloud solution offerings that are recorded on a net sales recognition basis in the services net sales category resulted in declines in the software net sales category. • Higher volume of net sales of cloud solution offerings and software referral fees that are recorded on a net sales recognition basis positively impacted services net sales. Additionally, there were contributions from Insight delivered services from increased net sales of our digital innovation solutions offering.


Question: If the Sales Mix of Hardware in 2019 increased to 65,674 thousand, what would be the revised change between 2018 and 2019? (in thousand)

Solution:
def solution():
    # Define variables name and value
    hardware_sales_2019 = 65674
    hardware_sales_2018 = 29496
    
    # Do math calculation to get the answer
    answer = hardware_sales_2019 - hardware_sales_2018
    
    return answer

Answer: 36178
||Year-ended 31 March 2019||Year-ended 31 March 2018||
||Number|WASP|Number|WASP|
|Restricted share units|000’s|£ pence|000’s|£ pence|
|Outstanding at the start of the year|14,840|316.09|15,350|215.92|
|Awarded|8,749|478.44|6,337|453.14|
|Forfeited|(1,421)|426.11|(1,421)|284.15|
|Released|(6,822)|309.77|(5,426)|218.49|
|Outstanding at the end of the year|15,346|401.27|14,840|316.09|
 Restricted Share Units The following table illustrates the number and WASP on date of award, and movements in, restricted share units (“RSUs”) and cash-based awards granted under the 2015 LTIP: RSUs and cash-based awards have a vesting period between two to five years, with no award vesting within the first 12 months of the grant.


Question: What would the percentage change in the number of RSUs and cash-based awards outstanding at the end of the year in 2019 from 2018 be if the amount in 2019 was 15,340 thousand instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    num_2019 = 15340
    num_2018 = 14840
    
    # Do math calculation to get the answer
    answer = (num_2019 - num_2018) / num_2018 * 100
    
    return answer

Answer: 3.3692722371967654
|($ in millions)||||
|For the year ended December 31:|2019|2018|Yr.-to-Yr. Percent Change|
|Retirement-related plans—cost||||
|Service cost|$385|$431|(10.7)%|
|Multi-employer plans|32|38|(16.9)|
|Cost of defined contribution plans|1,040|1,024|1.5|
|Total operating costs/ (income)|$1,457|$1,494|(2.5)%|
|Interest cost|$2,929|$2,726|7.4%|
|Expected return on plan assets|(4,192)|(4,049)|3.5|
|Recognized actuarial losses|1,819|2,941|(38.2)|
|Amortization of prior service costs/(credits)|(9)|(73)|(87.6)|
|Curtailments/settlements|41|11|262.2|
|Other costs|28|16|76.2|
|Total non-operating costs/(income)|$615|$1,572|(60.9)%|
|Total retirement-related plans—cost|$2,072|$3,066|(32.4)%|
 Retirement-Related Plans The following table provides the total pre-tax cost for all retirement-related plans. Total operating costs/(income) are included in the Consolidated Income Statement within the caption (e.g., Cost, SG&A, RD&E) relating to the job function of the plan participants. Total pre-tax retirement-related plan cost decreased by $994 million compared to 2018, primarily driven by a decrease in recognized actuarial losses ($1,123 million), primarily due to the change in the amortization period in the U.S. Qualified Personal Pension Plan and higher expected return on plan assets ($143 million), partially offset by higher interest costs ($203 million). As discussed in the “Operating (non-GAAP) Earnings” section, we characterize certain retirement-related costs as operating and others as non-operating. Utilizing this characterization, operating retirement-related costs in 2019 were $1,457 million, a decrease of $37 million compared to 2018. Non-operating costs of $615 million in 2019 decreased $957 million year to year, driven primarily by the same factors as above.


Question: If interest cost in 2019 increased to 3,000 million, what was the revised average? (in million)

Solution:
def solution():
    # Define variables name and value
    interest_cost_2019 = 3000
    interest_cost_2018 = 2726
    
    # Do math calculation to get the answer
    answer = (interest_cost_2019 + interest_cost_2018) / 2
    
    return answer

Answer: 2863
||||Year Ended December 31|||
||2019|% Change|2018|% Change|2017|
||||(In thousands, except percentage data)|||
|Cost of revenue|$704,535|(1.8)%|$717,118|(2.0)%|$731,453|
|Gross margin percentage|29.5%||32.3%||29.6%|
 2019 vs 2018 Cost of revenue decreased for the year ended December 31, 2019, compared to the prior year, primarily due to net revenue declining. Gross margin decreased for the year ended December 31, 2019 compared to the prior year. Gross margin was negatively impacted by the imposition of Section 301 tariffs originally announced in late 2018 and cost inefficiencies experienced in our new manufacturing locations outside of China, an increase in channel promotional activities relative to revenue as well as foreign exchange headwinds due to the strengthening of the U.S. dollar. 2018 vs 2017 Cost of revenue decreased for the year ended December 31, 2018 primarily due to improved product margin performance, lower proportionate provisions for warranty expense, and lower air freight costs compared to the prior year. Gross margin increased for the year ended December 31, 2018 compared to the prior year primarily due to improved product margin performance, lower proportionate provisions for sales returns and warranty expense, favorable foreign exchange rate movements and lower air freight costs compared to the prior year. For fiscal 2020, we expect gross margins to improve from fiscal 2019 primarily as our U.S. bound inventory will primarily not be subject to Section 301 tariffs in fiscal 2020. Forecasting gross margin percentages is difficult, and there are a number of risks related to our ability to maintain or improve our current gross margin levels. Our cost of revenue as a percentage of net revenue can vary significantly based upon factors such as: uncertainties surrounding revenue levels, including future pricing and/or potential discounts as a result of the economy or in response to the strengthening of the U.S. dollar in our international markets, and related production level variances; import customs duties and imposed tariffs; competition; changes in technology; changes in product mix; variability of stockbased compensation costs; royalties to third parties; fluctuations in freight and repair costs; manufacturing and purchase price variances; changes in prices on commodity components; warranty costs; and the timing of sales, particularly to service provider customers. We expect that revenue derived from paid subscription service plans will increase in the future, which may have a positive impact on our gross margin. From time to time, however, we may experience fluctuations in our gross margin as a result of the factors discussed above.


Question: What was the percentage change in cost of revenue from 2017 to 2019 if the cost of revenue is 742,365 in 2019? (in percent)

Solution:
def solution():
    # Define variables name and value
    cost_of_revenue_2019 = 742365
    cost_of_revenue_2017 = 731453
    
    # Do math calculation to get the answer
    answer = (cost_of_revenue_2019 - cost_of_revenue_2017) / cost_of_revenue_2017 * 100
    
    return answer

Answer: 1.4918251753701195
|At/for the year ended 31 March|2019|2018|2017|2016|2015|
|Consolidated income statement data (€m)||||||
|Revenue|43,666|46,571|47,631|49,810|48,385|
|Operating (loss)/profit|(951)|4,299|3,725|1,320|2,073|
|(Loss)/profit before taxation|(2,613)|3,878|2,792|(190)|1,734|
|(Loss)/profit for financial year from continuing operations|(4,109)|4,757|(1,972)|(5,127)|7,805|
|(Loss)/profit for the financial year|(7,644)|2,788|(6,079)|(5,122)|7,477|
|Consolidated statement of financial position data (€m)||||||
|Total assets|142,862|145,611|154,684|169,107|169,579|
|Total equity|63,445|68,607|73,719|85,136|93,708|
|Total equity shareholders’ funds|62,218|67,640|72,200|83,325|91,510|
|Earnings per share1,2||||||
|Weighted average number of shares (millions)||||||
|– Basic|27,607|27,770|27,971|26,692|26,489|
|– Diluted|27,607|27,857|27,971|26,692|26,629|
|Basic (loss)/earnings per ordinary share|(29.05)c|8.78c|(22.51)c|(20.25)c|27.48c|
|Diluted (loss)/earnings per ordinary share|(29.05)c|8.76c|(22.51)c|(20.25)c|27.33c|
|Basic (loss)/earnings per share from continuing operations|(16.25)c|15.87c|(7.83)c|(20.27)c|28.72c|
|Cash dividends1,3||||||
|Amount per ordinary share (eurocents)|9.00c|15.07c|14.77c|–|–|
|Amount per ADS (eurocents)|9.00c|15.07c|147.7c|–|–|
|Amount per ordinary share (pence)|–|–|–|11.45p|11.22p|
|Amount per ADS (pence)|–|–|–|114.5p|111.2p|
|Amount per ordinary share (US cents)|10.10c|17.93c|18.52c|16.49c|16.65c|
|Amount per ADS (US cents)|10.10c|179.3c|182.5c|164.9c|166.5c|
 Selected financial data Unaudited information The selected financial data shown below include the results of Vodafone India as discontinued operations in all years following the agreement to combine it with Idea Cellular. Notes: 1 See note 8 to the consolidated financial statements, “Earnings per share”. Earnings and dividends per ADS is calculated by multiplying earnings per ordinary share by ten, the number of ordinary shares per ADS. 2 On 19 February 2014, we announced a “6 for 11” share consolidation effective 24 February 2014. This had the effect of reducing the number of shares in issue from 52,821,751,216 ordinary shares (including 4,351,833,492 ordinary shares held in Treasury) as at the close of business on 18 February 2014 to 28,811,864,298 new ordinary shares in issue immediately after the share consolidation on 24 February 2014. 3 The final dividend for the year ended 31 March 2019 was proposed by the Directors on 14 May 2019 and is payable on 2 August 2019 to holders of record as of 7 June 2019. The total dividends have been translated into US dollars at 31 March 2019 for purposes of the above disclosure but the dividends are payable in US dollars under the terms of the ADS depositary agreement.


Question: What would be the average revenue for 2017 and 2018 if 2017 revenue was 47,000 €m? (in million)

Solution:
def solution():
    # Define variables name and value
    revenue_2017 = 47000
    revenue_2018 = 46571
    
    # Do math calculation to get the answer
    answer = (revenue_2017 + revenue_2018) / 2
    
    return answer

Answer: 46785.5
||June 1, 2019|June 2, 2018|
|Land and improvements|$93,046|$90,757|
|Buildings and improvements|370,451|360,030|
|Machinery and equipment|496,166|478,997|
|Construction-in-progress|52,551|9,307|
||1,012,214|939,091|
|Less: accumulated depreciation|555,920|513,707|
||$456,294|$425,384|
 6. Property, Plant and Equipment Property, plant and equipment consisted of the following (in thousands): Depreciation expense was $51.7 million, $51.1 million and $48.8 million in fiscal years 2019, 2018 and 2017, respectively. The Company maintains insurance for both property damage and business interruption relating to catastrophic events, such as fires. Insurance recoveries received for property damage and business interruption in excess of the net book value of damaged assets, clean-up and demolition costs, and post-event costs are recognized as income in the period received or committed when all contingencies associated with the recoveries are resolved. Gains on insurance recoveries related to business interruption are recorded within “Cost of sales” and any gains or losses related to property damage are recorded within “Other income (expense).” Insurance recoveries related to business interruption are classified as operating cash flows and recoveries related to property damage are classified as investing cash flows in the statement of cash flows. Insurance claims incurred or finalized during the fiscal years ended 2019, 2018, and 2017 did not have a material affect on the Company's consolidated financial statements.


Question: If the building and improvements increases by 10% in 2019, what is the revised average? (in thousand)

Solution:
def solution():
    # Define variables name and value
    buildings_and_improvements_2019 = 370451
    buildings_and_improvements_2018 = 360030
    increase_percentage = 0.1

    # Do math calculation to get the answer
    revised_building_and_improvements_2019 = buildings_and_improvements_2019 * (1 + increase_percentage)
    answer = (revised_building_and_improvements_2019 + buildings_and_improvements_2018) / 2

    return answer

Answer: 383763.05000000005
|All amounts in USD ‘000 |2019|2018|2017|
|Spot charter revenues*|283,007|259,978|257,495|
|Time charter revenues  |34,213|29,038|39,646|
|Total Voyage Revenues  |317,220|289,016|297,141|
 3. VOYAGE REVENUES Our voyage revenues consist of time charter revenues and spot charter revenues with the following split: *Spot charter revenues for 2019 and 2018 are presented in accordance we ASC 606 Revenue from Contracts with Customers. The comparative information for 2017 has not been restated.


Question: What would be the value of the 2019 total voyage revenue as a percentage of the 2018 total voyage revenues if the 2018 total voyage revenue is instead $300,000,000? (in percent)

Solution:
def solution():
    # Define variables name and value
    voyage_revenue_2019 = 317220
    adjusted_voyage_revenue_2018 = 300000
    
    # Do math calculation to get the answer
    answer = (voyage_revenue_2019 / adjusted_voyage_revenue_2018) * 100
    
    return answer

Answer: 105.74
|||As of December 31,||
||Useful life in years|2019|2018|
|Furniture and equipment|5|$1,785|$1,189|
|Leasehold improvements (1)|5|4,074|2,776|
|System hardware|5|1,596|1,404|
|Office computers|3|5,309|3,745|
|Computer and system software|3|1,451|1,385|
|||14,215|10,499|
|Less accumulated depreciation and amortization||(7,931)|(5,849)|
|Property and equipment, net||$6,284|$4,650|
 Property and equipment consist of the following (in thousands): (1) Lesser of the lease term or the estimated useful lives of the improvements, which generally may be up to 5 years. Depreciation and amortization expense for the years ended December 31, 2019, 2018 and 2017 was $2.2 million, $1.8 million and $1.9 million, respectively.


Question: If the Furniture and equipment in December 31, 2019 increased to 1,914 thousand, what would be the revised change? (in thousand)

Solution:
def solution():
    # Define variables name and value
    furniture_equipment_2019 = 1914
    furniture_equipment_2018 = 1189
    
    # Do math calculation to get the answer
    answer = furniture_equipment_2019 - furniture_equipment_2018
    
    return answer

Answer: 725
||APAC|||
|Sales Mix|2019|2018|%Change|
|Hardware|$34,965|$29,496|19%|
|Software|92,988|107,363|(13%)|
|Services|52,288|50,055|4%|
||$180,241|$186,914|(4%)|
 Our net sales by offering category for APAC for 2019 and 2018, were as follows (dollars in thousands): Net sales in APAC decreased 4% (increased 2% excluding the effects of fluctuating foreign currency rates), or $6.7 million, in 2019 compared to 2018. In APAC, increases in hardware and services net sales year over year were offset by a decrease in software net sales during 2019 compared to 2018. The changes were the result of the following: • Continued expansion of hardware offerings in the APAC market resulted in higher net sales in this category. • Continued trend toward higher sales of cloud solution offerings that are recorded on a net sales recognition basis in the services net sales category resulted in declines in the software net sales category. • Higher volume of net sales of cloud solution offerings and software referral fees that are recorded on a net sales recognition basis positively impacted services net sales. Additionally, there were contributions from Insight delivered services from increased net sales of our digital innovation solutions offering.


Question: If the Sales Mix of Hardware in 2019 increased to 65,674 thousand, what would be the revised average for 2018 and 2019? (in thousand)

Solution:
def solution():
    # Define variables name and value
    hardware_sales_2019 = 65674
    hardware_sales_2018 = 29496
    
    # Do math calculation to get the answer
    answer = (hardware_sales_2019 + hardware_sales_2018) / 2
    
    return answer

Answer: 47585
|Name|No. of Securities Underlying Unexercised Options (#) Exercisable No. of Securities Underlying Unexercised|No. of Securities Underlying Unexercised Options (#) Unexercisable No. of Securities Underlying Unexercised|Option Exercise Price|Option Expiration Date|
|Garo H. Armen (1)|500,000|-|$1.25|April 16, 2026|
|Garo H. Armen (2)|184,028|65,972|$1.75|October 16, 2027|
|Alexander K. Arrow (3)|100,000|-|$1.25|February 12, 2026|
|Alexander K. Arrow (3)|140,000|-|$1.25|April 15, 2026|
|Alexander K. Arrow (4)|55,208|19,792|$1.75|October 16, 2027|
|Alexander K. Arrow (5)|41,667|-|$1.00|February 1, 2029|
 Outstanding Equity Awards at Fiscal Year End The following table summarizes the equity awards made to our named executive officers that were outstanding at December 31, 2019


Question: How many unexercised options would Garo H. Armen have as at December 31, 2019 after exercising 20% of the options expiring on April 15, 2026?

Solution:
def solution():
    # Define variables name and value
    initial_options = 500000
    exercise_percentage = 0.2
    remaining_options = 184028
    
    # Do math calculation to get the answer
    answer = initial_options * (1 - exercise_percentage) + remaining_options
    
    return answer

Answer: 584028
|(In millions)|Blue Coat|LifeLock|Total|
|Goodwill|$4,084|$1,397|$5,481|
|Intangible assets|1,608|1,247|2,855|
|Net liabilities assumed|(1,019)|(361)|(1,380)|
|Total purchase price|$4,673|$2,283|$6,956|
 Fiscal 2017 acquisitions On August 1, 2016, we acquired all of the outstanding common stock of Blue Coat, Inc. (Blue Coat), a provider of advanced web security solutions for global enterprises and governments. The addition of Blue Coat’s suite of network and cloud security products to our innovative Enterprise Security product portfolio has enhanced our threat protection and information protection products while providing us with complementary products, such as advanced web and cloud security solutions, that address the network and cloud security needs of enterprises. On February 9, 2017, we completed the acquisition of LifeLock, Inc. (LifeLock) a provider of proactive identity theft protection services for consumers and consumer risk management services for enterprises. LifeLock’s services are provided on a monthly or annual subscription basis and provide identification and notification of identity-related and other events and assist users in remediating their impact. The total consideration for the acquisitions, net of cash acquired, consisted of the following:


Question: If the total purchase price for Blue Coat is $5,000 million, What would be the Goodwill for Blue Coat expressed as a percentage of Total purchase price? (in percent)

Solution:
def solution():
    # Define variables name and value
    goodwill_blue_coat = 4084
    total_purchase_price_blue_coat = 5000
    
    # Do math calculation to get the answer
    answer = (goodwill_blue_coat / total_purchase_price_blue_coat) * 100
    
    return answer

Answer: 81.67999999999999
||2019 Goodwill|2018 Goodwill|
||£m|£m|
|Steam Specialties|113.0|119.3|
|Electric Thermal Solutions|244.7|183.0|
|Watson-Marlow|60.0|65.7|
|Total goodwill|417.7|368.0|
 15 Goodwill and other intangible assets continued Impairment In accordance with the requirements of IAS 36 (Impairment of Assets), goodwill is allocated to the Group’s cash-generating units, or groups of cash-generating units, that are expected to benefit from the synergies of the business combination that gave rise to the goodwill. During 2019, we performed a review on the basis of identification of our individual CGUs. As a result of this review, we have consolidated a number of our current individual CGUs into groups of CGUs that represent the lowest level to which goodwill is monitored for internal management purposes, being each operating segment as disclosed in Note 3. As a result, we performed an impairment review at an operating segment CGU level, the breakdown of the goodwill value at 31st December across these is shown below: In order to complete the transition to performing goodwill impairment reviews at an operating segment level, we also performed a goodwill impairment review as at 31st December 2019 under the historical CGU basis. The result of this impairment review led to an impairment of £4.2m being recognised in respect of Watson-Marlow FlowSmart. No other impairment was recognised. The goodwill balance has been tested for annual impairment on the following basis: • the carrying values of goodwill have been assessed by reference to value in use. These have been estimated using cash flows based on forecast information for the next financial year which have been approved by the Board and then extended up to a further 9 years based on the most recent forecasts prepared by management; • pre-tax discount rates range from 11-12% (2018: 10-15%); • short to medium-term growth rates vary between 3-8% depending on detailed forecasts (2018: 2-8%). The range in rates excludes the annualised impact of owning Thermocoax for a first full year in 2020. The short to medium-term is defined as not more than 10 years; and • long-term growth rates are set using IMF forecasts and vary between 1.8-2.5% (2018: 0.8-3.0%).


Question: What would the percentage change in total goodwill in 2019 from 2018 be if the amount in 2019 was 420.0 million instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    goodwill_2019 = 420.0
    goodwill_2018 = 368.0
    
    # Do math calculation to get the answer
    answer = (goodwill_2019 - goodwill_2018) / goodwill_2018 * 100
    
    return answer

Answer: 14.130434782608695
|||Years Ended December 31,||
||2019|2018|2017|
|Average daily utilization|$87,800|$106,189|$268,775|
|Interest expense (1)|$3,465|$3,817|$6,668|
|Weighted average interest rate (1)|3.9%|3.6%|2.5%|
 The following table presents information related to our credit agreements (dollars in thousands): (1) Excludes the amortization of deferred loan fees and includes the commitment fee. In January 2018, the Company repaid $175.0 million of long-term debt outstanding under its 2015 Credit Agreement, primarily using funds repatriated from its foreign subsidiaries.


Question: What would the percentage change in Interest expense in 2019 from 2018 be if the amount in 2019 was $3,417 thousand instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    interest_expense_2019 = 3417
    interest_expense_2018 = 3817
    
    # Do math calculation to get the answer
    answer = (interest_expense_2019 - interest_expense_2018) / interest_expense_2018 * 100
    
    return answer

Answer: -10.47943411055803
|Fiscal 2019|First Quarter|Second Quarter|Third Quarter|Fourth Quarter|Total|
|Net sales|$1,212.5|$1,432.5|$1,374.7|$1,329.8|$5,349.5|
|Gross profit|$642.0|$689.3|$779.6|$820.5|$2,931.3|
|Operating income|$132.3|$102.7|$194.7|$284.6|$714.3|
|Net income from continuing operations|$35.7|$96.3|$49.2|$174.7|$355.9|
|Diluted net income per common share|$0.14|$0.38|$0.20|$0.70|$1.42|
 Note 21. Quarterly Results (Unaudited) The following table presents the Company's selected unaudited quarterly operating results for the eight quarters ended March 31, 2019. The Company believes that all adjustments of a normal recurring nature have been made to present fairly the related quarterly results (in millions, except per share amounts). Amounts may not add to the total due to rounding: Refer to Note 11, Income Taxes, for an explanation of the one-time transition tax recognized in the third quarter of fiscal 2018. Refer to Note 4, Special Charges and Other, Net, for an explanation of the special charges included in operating income in fiscal 2019 and fiscal 2018. Refer to Note 12, Debt and Credit Facility, for an explanation of the loss on settlement of debt included in other (loss) income, net of $4.1 million during the second quarter, $0.2 million during the third quarter, and $8.3 million during the fourth quarter of fiscal 2019 and $13.8 million and $2.1 million for the first quarter and third quarter of fiscal 2018, respectively. Refer to Note 5, Investments, for an explanation of the impairment recognized on available-for-sale securities in the fourth quarter of fiscal 2018.


Question: What would be the difference between the total net sales and gross profit if the total gross profit was $4,000 million instead? (in million)

Solution:
def solution():
    # Define variables name and value
    total_net_sales = 5349.5
    new_gross_profit = 4000
    
    # Do math calculation to get the answer
    answer = total_net_sales - new_gross_profit
    
    return answer

Answer: 1349.5
||Year Ended December 31,|Year Ended December 31,|Year Ended December 31,|% Variation|% Variation|
||2019|2018|2017|2019 vs 2018|2018 vs 2017|
||(In millions)|(In millions)|(In millions)|||
|EMEA|$2,265|$2,478|$2,142|(8.6)%|15.7%|
|Americas|1,351|1,264|1,085|6.8|16.5|
|Asia Pacific|5,940|5,922|5,120|0.3|15.7|
|Total|$9,556|$9,664|$8,347|(1.1)%|15.8%|
 Net revenues by location of shipment are classified by location of customer invoiced or reclassified by shipment destination in line with customer demand. For example, products ordered by U.S.-based companies to be invoiced to Asia Pacific affiliates are classified as Asia Pacific revenues. By location of shipment, in 2019, revenues grew 6.8% in Americas, driven by Power Discrete, remained substantially flat in Asia and decreased 8.6% in EMEA, mainly due to lower sales of Microcontrollers and Power Discrete. In 2018 revenues grew across all regions, led by Asia Pacific and EMEA, mainly due to growth in Imaging and Automotive.


Question: If the net revenues by Americas in 2019 is increased to 1,901 million, what is the revised average for Year Ended December 31? (in million)

Solution:
def solution():
    # Define variables name and value
    americas_2019 = 1901
    americas_2018 = 1264
    americas_2017 = 1085

    # Do math calculation to get the answer
    answer = (americas_2019 + americas_2018 + americas_2017) / 3
    
    return answer

Answer: 1416.6666666666667