AceSearcher/evaluation_datasets huggingface dataset:
||Fiscal year-end||
||2019|2018|
|Current portion of Euro Term Loan(1)|$2,748|$3,092|
|1.3% Term loan due 2024|1,367|1,448|
|1.0% State of Connecticut term loan due 2023|378|374|
|Capital lease obligations|370|158|
|Line of credit borrowings|10,000|—|
|Total current portion of long-term obligations|$14,863|$5,072|
 Short-term borrowings and current portion of long-term obligations consist of the following (in thousands): (1) Net of debt issuance costs of $4.6 million and $4.7 million at September 28, 2019 and September 29, 2018, respectively.


Question: What would the percentage change in Capital lease obligations from 2018 to 2019 be if the amount in 2019 was $358 thousand instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    capital_lease_obligations_2018 = 158
    capital_lease_obligations_2019_alternative = 358
    
    # Do math calculation to get the answer
    answer = (capital_lease_obligations_2019_alternative - capital_lease_obligations_2018) / capital_lease_obligations_2018 * 100
    
    return answer

Answer: 126.58227848101266
|||For the Year Ended December 31, 2018||
||As Reported|Without Adoption of ASC 606|Impact of Adoption of ASC 606|
|Revenue|$70,965|$68,845|$(2,120)|
|Cost of goods sold|58,701|57,471|(1,230)|
|Gross profit|12,264|11,374|(890)|
 3. REVENUE FROM CONTRACTS WITH CUSTOMERS Revenues and related costs on construction contracts are recognized as the performance obligations are satisfied over time in accordance with ASC 606, Revenue from Contracts with Customers. Under ASC 606, revenue and associated profit, will be recognized as the customer obtains control of the goods and services promised in the contract (i.e., performance obligations). The cost of uninstalled materials or equipment will generally be excluded from the Company’s recognition of profit, unless specifically produced or manufactured for a project, because such costs are not considered to be a measure of progress. The following tables summarize the impact of the adoption of ASC 606 on the Company’s condensed consolidated statement of operations for the year ended December 31, 2018 and the consolidated balance sheet as of December 31, 2018:


Question: What would be the percentage change in revenue after the adoption of ASC 606 if the as reported revenue is now 80,000? (in percent)

Solution:
def solution():
    # Define variables name and value
    new_reported_revenue = 80000
    without_ASC_606_revenue = 68845
    
    # Do math calculation to get the answer
    answer = (new_reported_revenue - without_ASC_606_revenue) / without_ASC_606_revenue * 100
    
    return answer

Answer: 16.20306485583557
|||Year Ended December 31,||
||2019|2018|2017|
||$|$|$|
|Realized gains (losses) on maturity and/or partial termination of cross currency swap|—|(42,271)|(25,733)|
|Realized losses|(5,062)|(6,533)|(18,494)|
|Unrealized (losses) gains|(13,239)|21,240|82,668|
|Total realized and unrealized (losses) gains on cross currency swaps|(18,301)|(27,564)|38,441|
 Realized and unrealized losses of the cross currency swaps are recognized in earnings and reported in foreign exchange (loss) gain in the consolidated statements of loss. The effect of the gains (losses) on cross currency swaps on the consolidated statements of loss is as follows: The Company is exposed to credit loss to the extent the fair value represents an asset in the event of non-performance by the counterparties to the foreign currency forward contracts, and cross currency and interest rate swap agreements; however, the Company does not anticipate non-performance by any of the counterparties. In order to minimize counterparty risk, the Company only enters into derivative transactions with counterparties that are rated A- or better by Standard & Poor’s or A3 or better by Moody’s at the time of the transaction. In addition, to the extent possible and practical, interest rate swaps are entered into with different counterparties to reduce concentration risk. (all tabular amounts stated in thousands of U.S. dollars, other than share data and unless otherwise indicated)


Question: If Unrealized (losses) gains in 2018 was 100,000 thousands, what would be the percentage change from 2017 to 2018? (in percent)

Solution:
def solution():
    # Define variables name and value
    unrealized_losses_gains_2017 = 82668
    unrealized_losses_gains_2018 = 100000

    # Do math calculation to get the answer
    answer = (unrealized_losses_gains_2018 / unrealized_losses_gains_2017 - 1) * 100

    return answer

Answer: 20.96579087434074
|||December 31,|
||2019|2018|
|Ingredients|$ 1,942|$ 1,580|
|Packaging|2,230|2,072|
|Finished goods|2,220|2,165|
|Total inventories, net|$ 6,392|$ 5,817|
 Note 3 – Inventories, net Inventories consisted of the following:


Question: What would be the average value of packaging for years 2018 and 2019 if the value of packaging in 2019 decreased by 100?

Solution:
def solution():
    # Define variables name and value
    packaging_2019 = 2230
    packaging_2018 = 2072
    decrease_value = 100
    
    # Do math calculation to get the average value of packaging for years 2018 and 2019
    answer = ((packaging_2019 - decrease_value) + packaging_2018) / 2
    
    return answer

Answer: 2101
||2019|2018|
|Beginning balance as of January 1,|$1,210.0|$1,175.3|
|Additions|61.8|39.6|
|Accretion expense|81.6|83.6|
|Revisions in estimates (1)|56.8|(81.5)|
|Settlements|(26.1)|(7.0)|
|Balance as of December 31,|$1,384.1|$1,210.0|
 AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENT(Tabular amounts in millions, unless otherwise disclosed) 11. ASSET RETIREMENT OBLIGATIONS The changes in the carrying amount of the Company’s asset retirement obligations were as follows: (1) Revisions in estimates include decreases to the liability of $6.7 million and $49.4 million related to foreign currency translation for the years ended December 31, 2019 and 2018, respectively. As of December 31, 2019, the estimated undiscounted future cash outlay for asset retirement obligations was $3.2 billion.


Question: What is the percentage change in settlements between 2018 and 2019 if settlements in 2019 were -$30.0 million instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    settlements_2019 = -30.0
    settlements_2018 = -7.0
    
    # Do math calculation to get the answer
    answer = (settlements_2019 - settlements_2018) / settlements_2018 * 100
    
    return answer

Answer: 328.57142857142856
|||At December 31, 2019||
||Gross Carrying Amount|Unamortized Discount and Deferred Financing Costs|Net Carrying Amount|
|2021 Notes|$650|$(2)|$648|
|2022 Notes|400|(2)|398|
|2026 Notes|850|(7)|843|
|2027 Notes|400|(5)|395|
|2047 Notes|400|(9)|391|
|Total long-term debt|$2,700|$(25)|$2,675|
|||At December 31, 2018||
||Gross Carrying Amount|Unamortized Discount and Deferred Financing Costs|Net Carrying Amount|
|2021 Notes|650|(3)|647|
|2022 Notes|400|(3)|397|
|2026 Notes|850|(8)|842|
|2027 Notes|400|(5)|395|
|2047 Notes|400|(10)|390|
|Total long-term debt|$2,700|$(29)|$2,671|
 Interest expense and financing costs Fees and discounts associated with the issuance of our debt instruments are recorded as debt discount, which reduces their respective carrying values, and are amortized over their respective terms. Amortization expense is recorded within “Interest and other expense (income), net” in our consolidated statement of operations. For the years ended December 31, 2019, 2018, and 2017: interest expense was $86 million, $134 million, and $150 million, respectively; amortization of the debt discount and deferred financing costs was $4 million, $6 million, and $12 million, respectively. A summary of our outstanding debt is as follows (amounts in millions): With the exception of the 2026 and the 2047 Notes, using Level 2 inputs (i.e., observable market prices in less-than-active markets) at December 31, 2019, the carrying values of the Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At December 31, 2019, based on Level 2 inputs, the fair value of the 2026 and the 2047 Notes were $893 million and $456 million, respectively. Using Level 2 inputs at December 31, 2018, the carrying values of the 2021 Notes and the 2022 Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At December 31, 2019, based on Level 2 inputs, the fair values of the 2026 Notes, the 2027 Notes, and the 2047 Notes were $800 million, $376 million, and $360 million, respectively.


Question: What was the change in the net carrying amount between the 2026 and 2027 Notes in 2018 if the net carrying amount in the 2026 notes was $900 million instead? (in million)

Solution:
def solution():
    # Define variables name and value
    net_carrying_amount_2026_notes = 900
    net_carrying_amount_2027_notes = 395

    # Do math calculation to get the answer
    answer = net_carrying_amount_2027_notes - net_carrying_amount_2026_notes

    return answer

Answer: -505
|(In millions)|Food Care|Product Care|Total|
|Gross Carrying Value at December 31, 2017|$ 576.5|$ 1,554.1|$ 2,130.6|
|Accumulated impairment|(49.6 )|(141.2)|(190.8)|
|Carrying Value at December 31, 2017|$ 526.9|$ 1,412.9|$ 1,939.8|
|Acquisition, purchase price and other adjustments|(0.6 )|18.2|17.6|
|Currency translation|(6.6 )|(3.2)|(9.8)|
|Gross Carrying Value at December 31, 2018|$ 568.9|$ 1,568.9|$ 2,137.8|
|Accumulated impairment|(49.2 )|(141.0)|(190.2)|
|Carrying Value at December 31, 2018|$ 519.7|$ 1,427.9|$ 1,947.6|
|Acquisition, purchase price and other adjustments|6.3|257.0|263.3|
|Currency translation|2.0|4.1|6.1|
|Gross Carrying Value at December 31, 2019|$ 577.2|$ 1,830.0|$ 2,407.2|
|Accumulated impairment|(49.3 )|(141.0)|(190.3)|
|Carrying Value at December 31, 2019|$ 527.9|$ 1,689.0|$ 2,216.9|
 Allocation of Goodwill to Reporting Segment The following table shows our goodwill balances by reportable segment: As noted above, it was determined under a quantitative assessment that there was no impairment of goodwill. However, if we become aware of indicators of impairment in future periods, we may be required to perform an interim assessment for some or all of our reporting units before the next annual assessment. Examples of such indicators may include a decrease in expected net earnings, adverse equity market conditions, a decline in current market multiples, a decline in our common stock price, a significant adverse change in legal factors or business climates, an adverse action or assessment by a regulator, unanticipated competition, strategic decisions made in response to economic or competitive conditions, or a more likely than not expectation that a reporting unit or a significant portion of a reporting unit will be sold or disposed of. In the event of significant adverse changes of the nature described above, we may have to recognize a non-cash impairment of goodwill, which could have a material adverse effect on our consolidated financial condition and results of operations.


Question: If the Carrying Value at December 31, 2019 for Food Care was adjusted to $529.4(in millions) instead, What is the average annual growth rate of Carrying value for Food Care for years 2017-2019? (in percent)

Solution:
def solution():
    # Define variables name and value
    carrying_value_2017 = 526.9
    carrying_value_2018 = 519.7
    adjusted_carrying_value_2019 = 529.4

    # Do math calculation to get the answer
    growth_rate_2018 = (carrying_value_2018 - carrying_value_2017) / carrying_value_2017
    growth_rate_2019 = (adjusted_carrying_value_2019 - carrying_value_2018) / carrying_value_2018
    average_annual_growth_rate = (growth_rate_2018 + growth_rate_2019) / 2

    return average_annual_growth_rate * 100

Answer: 0.24998910820303658
||2017|2018|
||(In Thousands)|(In Thousands)|
|Audit Fees (1)|$3,747|$4,476|
|Audit-Related Fees (2)|—|—|
|Tax Fees (3)|—|—|
|All Other Fees (4)|$3|$3|
|Total Fees|$3,750|$4,479|
 Fees Paid to the Independent Registered Public Accounting Firm The following table presents fees for professional audit services and other services rendered to our company by KPMG for our fiscal years ended December 31, 2017 and 2018. (1) Audit Fees consist of professional services rendered in connection with the audit of our annual consolidated financial statements, including audited financial statements presented in our Annual Report on Form 10-K for the fiscal years ended December 31, 2017 and 2018 and services that are normally provided by the independent registered public accountants in connection with statutory and regulatory filings or engagements for those fiscal years. (2) Audit-Related Fees consist of fees for professional services for assurance and related
services that are reasonably related to the performance of the audit or review of our consolidated financial statements and are not reported under “Audit Fees.” These services could include accounting consultations concerning financial accounting and reporting standards, due diligence procedures in connection with acquisition and procedures related to other attestation services. (3) Tax Fees consist of fees for professional services for tax compliance, tax advice and tax planning. These services include consultation on tax matters and assistance regarding federal, state and international tax compliance. (4) All Other Fees consist of license fees for the use of accounting research software.


Question: How much would the change of “All Other Fees” from 2017 to 2018 be if the “All Other Fees” in 2017 is $1 thousand? (in thousand)

Solution:
def solution():
    # Define variables name and value
    all_other_fees_2017 = 3
    new_all_other_fees_2017 = 1
    
    # Do math calculation to get the answer
    answer = all_other_fees_2017 - new_all_other_fees_2017
    
    return answer

Answer: 2
||December 31, 2019|December 31, 2018|
|(in thousands)|||
|Cash and cash equivalents|$92,708|$73,142|
|Short-term restricted cash|349|645|
|Long-term restricted cash|60|404|
|Total cash, cash equivalents and restricted cash|$93,117|$74,191|
 7. Balance Sheet Details Cash, cash equivalents, and restricted cash consist of the following: As of December 31, 2019 and December 31, 2018, cash and cash equivalents included $20.4 million and $0 of money market funds, respectively. As of December 31, 2019 and 2018, the Company has restricted cash of $0.4 million and $1.0 million, respectively. The cash is restricted in connection with guarantees for certain import duties and office leases.


Question: If Short-term restricted cash in 2019 was 845 thousands, what would be the average for 2018 and 2019? (in thousand)

Solution:
def solution():
    # Define variables name and value
    short_term_restricted_cash_2019 = 845
    short_term_restricted_cash_2018 = 645
    
    # Do math calculation to get the answer
    answer = (short_term_restricted_cash_2019 + short_term_restricted_cash_2018) / 2
    
    return answer

Answer: 745
|(In thousands)|2019|2018|
|Raw materials|$36,987|$45,333|
|Work in process|1,085|1,638|
|Finished goods|60,233|52,877|
|Total Inventory, net|$98,305|$99,848|
 Note 7 – Inventory As of December 31, 2019 and 2018, inventory was comprised of the following: Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which consider historical usage, known trends, inventory age and market conditions. As of December 31, 2019 and 2018, our inventory reserve was $34.1 million and $30.0 million, respectively.


Question: What would be the percentage change in net total inventory between 2018 and 2019 if net total inventory in 2019 was $120,000 thousand instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    net_total_inventory_2019_modified = 120000
    net_total_inventory_2018 = 99848
    
    # Do math calculation to get the answer
    answer = (net_total_inventory_2019_modified - net_total_inventory_2018) / net_total_inventory_2018 * 100
    
    return answer

Answer: 20.18267767005849
||Year ended March 31,||(Unfavorable) favorable||
|(Dollars in thousands)|2018|2017|$|%|
|Income tax (benefit) expense|$ (3,251)|$ 236|$ 3,487|nm|
|Effective tax rate|(28.0)%|(2.1)%|||
 Income Taxes nm - not meaningful For fiscal 2018, the effective tax rate was different than the statutory rate due primarily to the impact of the Tax Act reform. The Company recorded a benefit of approximately $3.3 million resulting from the effect of a reduction in the deferred rate and the ability to offset indefinite lived deferred tax liabilities with certain deferred tax assets, recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, certain foreign and state tax effects including a benefit of $0.4 million related to a settlement with the California Franchise Tax Board and other U.S. permanent book to tax differences. At March 31, 2018, we had $198.7 million of a federal net operating loss carryforward that expires, if unused, in fiscal years 2031 to 2038. For fiscal 2017, the effective tax rate was different than the statutory rate due primarily to the recognition of net operating losses as deferred tax assets, which were offset by increases in the valuation allowance, state taxes and other U.S. permanent book to tax differences. Although the timing and outcome of tax settlements are uncertain, it is reasonably possible that during the next 12 months a reduction in unrecognized tax benefits may occur in the range of zero to $0.1 million of tax and zero to $0.2 million of interest based on the outcome of tax examinations and as a result of the expiration of various statutes of limitations. We are routinely audited; due to the ongoing nature of current examinations in multiple jurisdictions, other changes could occur in the amount of gross unrecognized tax benefits during the next 12 months which cannot be estimated at this time. Because of our losses in prior periods, we have recorded a valuation allowance offsetting substantially all of our deferred tax assets. The ultimate realization of deferred tax assets generated prior to Tax Act reform depends on the generation of future taxable income during the periods in which those temporary differences are deductible. Because of our losses in prior periods, management believes that it is more-likely-than-not that we will not realize the benefits of these deductible differences.


Question: If effective tax rate in 2017 was -30.0%, what would be the increase / (decrease) in the effective tax rate from 2017 to 2018? (in percent)

Solution:
def solution():
    # Define variables name and value
    effective_tax_rate_2017 = -30.0
    effective_tax_rate_2018 = -28.0
    
    # Do math calculation to get the answer
    answer = effective_tax_rate_2018 - effective_tax_rate_2017
    
    return answer

Answer: 2
|(dollars in millions)|2019|2018|2017|% Change 2019 - 2018|
|Digital Media|$7,208.3|$5,857.7|$4,480.8|23%|
|Digital Experience|2,670.7|1,949.3|1,552.5|37%|
|Publishing|115.5|115.2|100.6|*|
|Total subscription revenue|$9,994.5|$7,922.2|$6,133.9|26%|
 Subscription Revenue by Segment Our subscription revenue is comprised primarily of fees we charge for our subscription and hosted service offerings including Creative Cloud and certain of our Digital Experience and Document Cloud services. We recognize subscription revenue ratably over the term of agreements with our customers, beginning with commencement of service. We have the following reportable segments: Digital Media, Digital Experience and Publishing. Subscription revenue by reportable segment for fiscal 2019, 2018 and 2017 is as follows: (*) Percentage is less than 1% Our product revenue is primarily comprised of revenue from distinct on-premise software licenses recognized at a point in time and certain of our OEM and royalty agreements. Our services and support revenue is comprised of consulting, training and maintenance and support, primarily related to the licensing of our enterprise offerings and the sale of our hosted Digital Experience services. Our support revenue also includes technical support and developer support to partners and developer organizations related to our desktop products. Our maintenance and support offerings, which entitle customers to receive desktop product upgrades and enhancements or technical support, depending on the offering, are generally recognized ratably over the term of the arrangement.


Question: If publishing generated $200 (in millions) in 2019 instead, what would be its percentage change? (in percent)

Solution:
def solution():
    # Define variables name and value
    publishing_2019 = 200
    publishing_2018 = 115.2

    # Do math calculation to get the answer
    percentage_change = ((publishing_2019 - publishing_2018) / publishing_2018) * 100
    
    return percentage_change

Answer: 73.6111111111111
|||Fiscal year||% Change|
|(in millions of €)|2019|2018|Actual|Comp.|
|Europe, C. I. S., Africa, Middle East|44,360|42,782|4%|4%|
|therein: Germany|12,282|11,729|5%|4 %|
|Americas|23,796|22,115|8%|3%|
|therein: U. S.|17,993|16,012|12%|6%|
|Asia, Australia|18,693|18,147|3%|2%|
|therein: China|8,405|8,102|4%|3%|
|Siemens|86,849|83,044|5 %|3 %|
|therein: emerging markets1|27,607|28,272|(2) %|(2) %|
 1 As defined by the International Monetary Fund. Revenue related to external customers went up moderately yearover- year on growth in nearly all industrial businesses. SGRE and Siemens Healthineers posted the highest growth rates, while revenue at Gas and Power declined moderately in a difficult market environment. The revenue decline in emerging markets was due mainly to lower revenue in Egypt, where in fiscal 2018 Gas and Power recorded sharply higher revenue from large orders. Revenue in Europe, C. I. S., Africa, Middle East increased moderately on growth in a majority of industrial businesses, driven by substantial growth at SGRE. Gas and Power posted a clear decline in a difficult market environment. In Germany, revenue was up moderately with significant growth in Mobility and Gas and Power, partly offset by a decline in SGRE. In the Americas, revenue came in clearly higher year-over-year, benefiting from positive currency translation effects. Siemens Healthineers, Smart Infrastructure and Gas and Power recorded the largest increases, while SGRE posted clearly lower revenue in the region. In the U. S., all industrial businesses posted higher revenues year-over-year, with SGRE and Smart Infrastructure recording the strongest growth rates. Revenue in Asia, Australia rose moderately year-over-year on growth in the majority of industrial businesses, led by Siemens Healthineers and Digital Industries. Gas and Power and SGRE posted lower revenue year-over-year. In China, revenue was also
up in the majority of industrial businesses, led by Siemens Healthineers. In contrast, SGRE posted substantially lower revenue year-over-year in that country.


Question: If the orders in 2019 increased to 23,000, what is the increase / (decrease) in the orders for Asia and Australia from 2018 to 2019? (in million)

Solution:
def solution():
    # Define variables name and value
    orders_2019 = 23000
    orders_2018 = 18147
    
    # Do math calculation to get the answer
    answer = orders_2019 - orders_2018
    
    return answer

Answer: 4853
||Year ended December 31, 2019|Year ended December 31, 2018|Year ended December 31, 2017|
|Income tax benefit (expense) computed at statutory rate|(297)|(353)|(238)|
|Non-deductible and non-taxable permanent differences, net|4|45|17|
|Income (loss) on equity-method investments|—|—|—|
|Valuation allowance adjustments|2|141|92|
|Effect on deferred taxes of changes in enacted tax rates|14|(62)|(70)|
|Current year credits|50|43|40|
|Other tax and credits|(51)|(20)|(36)|
|Benefits from tax holidays|129|135|114|
|Net impact of changes to uncertain tax positions|(5)|(16)|(43)|
|Earnings of subsidiaries taxed at different rates|(2)|(9)|(19)|
|Income tax benefit (expense)|(156)|(96)|(143)|
 The tax holidays represent a tax exemption period aimed to attract foreign technological investment in certain tax jurisdictions. The effect of the tax benefits, from tax holidays for countries which are profitable, on basic earnings per share was $0.14, $0.15 and $0.13 for the years ended December 31, 2019, 2018, and 2017, respectively. These agreements are present in various countries and include programs that reduce up to and including 100% of taxes in years affected by the agreements. The Company’s tax holidays expire at various dates through the year ending December 31, 2028. In certain countries, tax holidays can be renewed depending on the Company still meeting certain conditions at the date of expiration of the current tax holidays. In May 2019, Switzerland voted a tax reform which cancelled all favourable tax regimes and introduced a single tax rate for all companies, which triggered the revaluation of all deferred tax assets and liabilities. Enactment of this law occurred in third quarter of 2019, which resulted in a tax benefit of $20 million. The remeasurement of deferred taxes was reconciled in the fourth quarter of 2019 to include the current year activity, which did not have a material impact on the net remeasurement.


Question: If the Income tax benefit (expense) in December 31, 2019 increased to 201 million, what is the revised increase / (decrease) from 2018 to 2019? (in million)

Solution:
def solution():
    # Define variables name and value
    income_tax_benefit_2019 = 201
    income_tax_benefit_2018 = 96
    
    # Do math calculation to get the answer
    answer = income_tax_benefit_2019 - income_tax_benefit_2018
    
    return answer

Answer: 105
||Year-ended 31 March 2019|Year-ended 31 March 2018|
||$M|$M|
|Net cash flow from operating activities|142.9|147.7|
|Exceptional items|3.1|13.0|
|Net capital expenditure|(22.2)|(21.1)|
|Unlevered free cash flow|123.8|139.6|
 5 Alternative Performance Measures (“APM’s”) continued Unlevered Free Cash Flow Unlevered free cash flow represents net cash flow from operating activities adjusted for exceptional items and net capital expenditure. Unlevered free cash flow provides an understanding of the Group’s cash generation and is a supplemental measure of liquidity in respect of the Group’s operations without the distortions of exceptional and other non-operating items.


Question: What would the change in exceptional items in 2019 from 2018 be if the amount in 2019 was $3.0 million instead? (in million)

Solution:
def solution():
    # Define variables name and value
    exceptional_items_2019 = 3.0
    exceptional_items_2018 = 13.0

    # Do math calculation to get the answer
    answer = exceptional_items_2019 - exceptional_items_2018

    return answer

Answer: -10
||Years Ended December 31,||Change||
||2019|2018|$|%|
|||(dollars in thousands)|||
|Research and development|$17,845|$22,450|$(4,605)|(21)%|
|Percent of revenues, net|36%|38%|||
 Research and Development Research and development expenses in 2019 decreased by $4.6 million, or 21%, as compared to 2018. The decrease was primarily due to a reduction in the number of full-time research and development personnel, resulting in a decrease of $3.1 million in compensation expense and $0.6 million in allocated facilities and information technology costs as compared to 2018. We did not incur restructuring costs in 2019, as compared to 2018 when $0.1 million was incurred as part of the 2018 Restructuring Plan (refer to Note 4 of the accompanying consolidated financial statements). Finally, the decrease was further driven by lower professional fees of $0.6 million, as we reduced the number of research and development contractors as compared to 2018.


Question: What would be the value of the difference in research and development expenses as a percentage of the company's 2018 expenses if the value of change is $5,000,000 instead while the value in 2018 remains constant? (in percent)

Solution:
def solution():
    # Define variables name and value
    change_value = 5000000
    r_and_d_expenses_2018 = 22450000
    
    # Do math calculation to get the answer
    answer = (change_value / r_and_d_expenses_2018) * 100
    
    return answer

Answer: 22.271714922049
||Year Ended December 31||
||2019|2018|
|Revenues (in thousands)|$ 224,913|$ 17,542|
|Loss from continuing operations (in thousands)|$ (13,432)|$ ( 7,792)|
|Loss per share - continuing operations|$           (0.42)|$          ( 0.35)|
|Weighted average number of common shares outstanding - basic and diluted|32,359,316|22,099,149|
 Our revenues for 2019 include $1.9 million related to the acquired MGI business. Our net loss for 2019 includes $0.3 million of net loss from the acquired MGI business. The following table provides unaudited pro forma information for the periods presented as if the MGI acquisition had occurred January 1, 2018. No adjustments have been made in the pro forma information for synergies that are resulting or planned from the MGI acquisition. The unaudited proforma information is not indicative of the results that may have been achieved had the companies been combined as of January 1, 2018, or of our future operating results.


Question: What would be the difference in loss per share between 2018 and 2019 if the loss per share in 2018 is halved and then increased by $0.01?

Solution:
def solution():
    # Define variables name and value
    loss_per_share_2019 = -0.42
    loss_per_share_2018 = 0.35
    halved_loss_per_share_2018 = loss_per_share_2018 / 2
    increased_loss_2018 = halved_loss_per_share_2018 + 0.01

    # Do math calculation to get the answer
    answer = loss_per_share_2019 + increased_loss_2018
    
    return answer

Answer: -0.235
|Year Ended|Balance at Beginning of Year|Income Tax Expense (Benefit)|Reversal for State NOL Expiration and Utilization|Balance at End of Year|
|September 30, 2019|$104,858|$10,448|$(68,292)|$47,014|
|September 30, 2018|159,154|79,377|(133,673)|104,858|
|September 30, 2017|322,404|(32,154)|(131,096)|159,154|
 The valuation allowance activity for the years ended September 30, 2019, 2018, and 2017 is as follows: The Company completed an Internal Revenue Code Section 382 analysis of the loss carry forwards in 2009 and determined then that all of the Company’s loss carry forwards are utilizable and not restricted under Section 382. The Company has not updated its Section 382 analysis subsequent to 2009 and does not believe there have been any events subsequent to 2009 that would impact the analysis. The Company is required to recognize the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Company applies the interpretation to all tax positions for which the statute of limitations remained open. The Company had no liability for unrecognized tax benefits and did not recognize any interest or penalties during the years ended September 30, 2019, 2018, or 2017. The Company is subject to income taxes in the U.S. federal jurisdiction, and various state jurisdictions. Tax regulations within each jurisdiction are subject to the interpretation of the related tax laws and regulations and require significant judgment to apply. With few exceptions, the Company is no longer subject to U.S. federal, state and local, income tax examinations by tax authorities for fiscal years ending prior to 2004. We are generally subject to U.S. federal and state tax examinations for all tax years since 2003 due to our net operating loss carryforwards and the utilization of the carryforwards in years still open under statute. During the year ended September 30, 2018, the Company was examined by the U.S. Internal Revenue Service for fiscal year 2016. This examination resulted in no adjustments. The Company changed its fiscal year end in 2007 from March 31 to September 30.


Question: What would the percentage change in the end-of-year valuation allowance from 2018 to 2019 be if the amount in 2019 was 50,000 instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    end_of_year_2019_alternative = 50000
    end_of_year_2018 = 104858

    # Do math calculation to get the answer
    answer = (end_of_year_2019_alternative - end_of_year_2018) / end_of_year_2018 * 100
    
    return answer

Answer: -52.31646607793397
|Year Ended December 31,|2019|2018|2017|
|Balance at beginning of period|$8,623|$9,724|$8,548|
|Plus: Amounts charged to cost and expenses|4,569|7,392|6,951|
|Less: Deductions|(4,798)|(8,493)|(5,775)|
|Balance at end of period|$8,394|$8,623|$9,724|
 Liability for Warranty Liability for Warranty Our products generally include warranties of 90 days to five years for product defects. We accrue for warranty returns at the time revenue is recognized based on our historical return rate and estimate of the cost to repair or replace the defective products. We engage in extensive product quality programs and processes, including actively monitoring and evaluating the quality of our component suppliers. The increasing complexity of our products will cause warranty incidences, when they arise, to be more costly. Our estimates regarding future warranty obligations may change due to product failure rates, material usage and other rework costs incurred in correcting a product failure. In addition, from time to time, specific warranty accruals may be recorded if unforeseen problems arise. Should our actual experience relative to these factors be worse than our estimates, we will be required to record additional warranty expense. Alternatively, if we provide for more reserves than we require, we will reverse a portion of such provisions in future periods. The liability for warranty obligations totaled $8.4 million and $8.6 million as of December 31, 2019 and 2018, respectively. These liabilities are included in accrued expenses in the accompanying Consolidated Balance Sheets. During 2017, we recorded a reduction in warranty expense related to a settlement with a third-party supplier for a defective component, the impact of which is reflected in the following table. A summary of warranty expense and write-off activity for the years ended December 31, 2019, 2018 and 2017 is as follows: (In thousands)


Question: What would be the change in the balance at the end of period between 2018 and 2019 if the balance at the end of 2019 was $10,000 thousand instead? (in thousand)

Solution:
def solution():
    # Define variables name and value
    balance_2019 = 10000
    balance_2018 = 8623
    
    # Do math calculation to get the answer
    answer = balance_2019 - balance_2018
    
    return answer

Answer: 1377
|||Fiscal year|
|(in millions of €)|2019|2018|
|Real Estate Services|145|140|
|Corporate items|(562)|631|
|Centrally carried pension expense|(264)|(423)|
|Amortization of intangible assets acquired in business combinations|(1,133)|(1,164)|
|Eliminations, Corporate Treasury and other reconciling items|(215)|(318)|
|Reconciliation to Consolidated financial Statements|(2,028)|(1,135)|
 A.3.10 Reconciliation to Consolidated Financial Statements The negative swing in Corporate items was mainly due to large positive effects in fiscal 2018 – the gain of € 900 million resulting from the transfer of Siemens’ shares in Atos SE to Siemens Pension- Trust e. V. and the gain of € 655 million from the sale of OSRAM Licht AG shares. These effects substantially outweighed a positive result in fiscal 2019 from the measurement of a major asset retirement obligation, which was previously reported in Centrally managed portfolio activities. Severance charges within Corporate items were € 99 million (€ 159 million in fiscal 2018).


Question: If the Centrally carried pension expense amounts to (500) million in 2019, what will be the percentage increase / (decrease) from 2018 to 2019? (in percent)

Solution:
def solution():
    # Define variables name and value
    centrally_carried_pension_expense_2019 = -500
    centrally_carried_pension_expense_2018 = -423
    
    # Do math calculation to get the answer
    answer = (centrally_carried_pension_expense_2019 / centrally_carried_pension_expense_2018) - 1
    
    return answer * 100

Answer: 18.20330969267139
||Years Ended December 31,||
||2018|2017|
|Expected life (years)|5.6|5.6|
|Risk-free interest rate|2.7%|1.9%|
|Expected volatility|26.4%|29.4%|
|Expected dividend yield|—|—|
 The fair value of options granted in the respective fiscal years are estimated on the date of grant using the Black-Scholes optionpricing model, acceptable under ASC 718, with the following weighted average assumptions: Expected volatilities are based on the Company’s historical common stock volatility, derived from historical stock price data for periods commensurate with the options’ expected life. The expected life of options granted represents the period of time options are expected to be outstanding, based primarily on historical employee option exercise behavior. The risk-free interest rate is based on the implied yield currently available on U.S. Treasury zero coupon bonds issued with a term equal to the expected life at the date of grant of the options. The expected dividend yield is zero, as the Company has historically paid no dividends and does not anticipate dividends to be paid in the future.


Question: What would be the change in risk-free interest rate between 2017 and 2018 if risk-free interest rate in 2018 was 5.0% instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    risk_free_interest_rate_2018 = 5.0
    risk_free_interest_rate_2017 = 1.9
    
    # Do math calculation to get the answer
    answer = risk_free_interest_rate_2018 - risk_free_interest_rate_2017
    
    return answer

Answer: 3.1
|||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 percentage change in the internal-use revenue between 2019 and 2020 if the internal-use revenue in 2019 was $50 million instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    internal_use_revenue_2020 = 82
    internal_use_revenue_2019_modified = 50
    
    # Do math calculation to get the answer
    answer = (internal_use_revenue_2020 - internal_use_revenue_2019_modified) / internal_use_revenue_2019_modified * 100
    
    return answer

Answer: 64
|||As of December 31,||
||2017|2018|2019|
|Employees||||
|Engineers|11,846|11,651|11,328|
|Technicians|7,432|7,494|7,416|
|Administrative Staff|798|784|833|
|Total|20,076|19,929|19,577|
 As of December 31, 2019, we had 19,577 employees, which included 11,328 engineers, 7,416 technicians and 833 administrative staff performing administrative functions on a consolidated basis. We have in the past implemented, and may in the future evaluate the need to implement, labor redundancy plans based on the work performance of our employees. Employee salaries are reviewed annually. Salaries are adjusted based on industry standards, inflation and individual performance. As an incentive, additional bonuses in cash may be paid at the discretion of management based on the performance of individuals. In addition, except under certain circumstances, R.O.C. law requires us to reserve from 10% to 15% of any offerings of our new common shares for employees’ subscription. Our employees participate in our profit distribution pursuant to our articles of incorporation. Employees are entitled to receive additional bonuses based on a certain percentage of our allocable surplus income. On February 26, 2020, our board of directors proposed an employee bonus in cash in the aggregate amount of NT$1,133 million (US$38 million) in relation to retained earnings in 2019. Our employees are not covered by any collective bargaining agreements. We believe we have a good relationship with our employees.


Question: If the number of Administrative Staff employed reduce to 521 in 2017, what is the revised average?

Solution:
def solution():
    # Define variables name and value
    admin_staff_2017 = 521
    admin_staff_2018 = 784
    admin_staff_2019 = 833

    # Do math calculation to get the answer
    answer = (admin_staff_2017 + admin_staff_2018 + admin_staff_2019) / 3

    return answer

Answer: 712.6666666666666
||Year ended December 31,||
||2019|2018|
|Numerators|||
|Numerator for basic and diluted earnings per share:|||
|Net income|$13,267|$3,654|
|Denominators|||
|Denominators for basic and diluted earnings per share:|||
|Weighted average shares outstanding - basic|17,424|20,721|
|Dilutive potential common shares|||
|Stock options and awards|1,101|296|
|Denominator for diluted earnings per share|18,525|21,017|
|Net income per common share - basic|$0.76|$0.18|
|Net income per common share – diluted|$0.72|$0.17|
 Earnings per share for the periods indicated were computed as follows (in thousands except per share amounts): Our weighted average shares outstanding has decreased due to the repurchase of our outstanding common stock through a modified Dutch auction tender offer (the “Tender Offer”) and the stock repurchase program announced on October 29, 2018. 11.     Earnings Per Share


Question: How did the company's Denominator for diluted earnings per share change from 2018 to 2019 if the original earnings for 2018 was doubled? (in percent)

Solution:
def solution():
    # Define variables name and value
    denominator_2018 = 21017
    denominator_2019 = 18525

    # Do math calculation to get the answer
    answer = (denominator_2019 - (denominator_2018 * 2)) / (denominator_2018 * 2)

    return answer * 100

Answer: -55.92853404386925
|||2019|(Restated) 2018|
||Note|£m|£m|
|Staff costs|7|(56.0)|(54.5)|
|Contractor costs||(0.4)|(0.4)|
|Depreciation of property, plant and equipment|14|(4.9)|(4.9)|
|Amortisation of intangible assets|13|(4.0)|(4.1)|
|Profit on sale of property, plant and equipment||0.1|–|
 6. Operating profit The Group has identified a number of items which are material due to the significance of their nature and/or amount. These are listed separately here to provide a better understanding of the financial performance of the Group: Following the application of IFRS 16, depreciation of property, plant and equipment has been restated for the year ended 31 March 2018 (note 2).


Question: What would the percentage change in staff costs in 2019 from 2018 be if the amount in 2019 was 56.5 million instead? (in percent)

Solution:
def solution():
    # Define variables name and value
    staff_costs_2018 = -54.5
    staff_costs_2019 = -56.5
    
    # Do math calculation to get the answer
    answer = ((staff_costs_2019 - staff_costs_2018) / staff_costs_2018) * 100
    
    return answer

Answer: 3.669724770642202
|(In thousands)|2019|2018|
|Raw materials|$36,987|$45,333|
|Work in process|1,085|1,638|
|Finished goods|60,233|52,877|
|Total Inventory, net|$98,305|$99,848|
 Note 7 – Inventory As of December 31, 2019 and 2018, inventory was comprised of the following: Inventory reserves are established for estimated excess and obsolete inventory equal to the difference between the cost of the inventory and the estimated net realizable value of the inventory based on estimated reserve percentages, which consider historical usage, known trends, inventory age and market conditions. As of December 31, 2019 and 2018, our inventory reserve was $34.1 million and $30.0 million, respectively.


Question: What would be the change in raw materials between 2018 and 2019 if raw materials in 2019 was $50,000 thousand instead? (in thousand)

Solution:
def solution():
    # Define variables name and value
    raw_materials_2019 = 50000
    raw_materials_2018 = 45333
    
    # Do math calculation to get the answer
    answer = raw_materials_2019 - raw_materials_2018
    
    return answer

Answer: 4667
||As at December 31||
||2019|2018|
|Common shares outstanding 1|||
|Class A Voting|111,154,811|111,155,637|
|Class B Non-Voting|393,770,507|403,657,038|
|Total common shares|504,925,318|514,812,675|
|Options to purchase Class B|||
|Non-Voting Shares|||
|Outstanding options|3,154,795|2,719,612|
|Outstanding options exercisable|993,645|1,059,590|
 OUTSTANDING COMMON SHARES 1 Holders of our Class B Non-Voting Shares are entitled to receive notice of and to attend shareholder meetings; however, they are not entitled to vote at these meetings except as required by law or stipulated by stock exchanges. If an offer is made to purchase outstanding Class A Shares, there is no requirement under applicable law or our constating documents that an offer be made for the outstanding Class B Non-Voting Shares, and there is no other protection available to shareholders under our constating documents. If an offer is made to purchase both classes of shares, the offer for the Class A Shares may be made on different terms than the offer to the holders of Class B Non-Voting Shares. As at February 29, 2020, 111,154,811 Class A Shares, 393,770,507
Class B Non-Voting Shares, and 3,145,274 options to purchase
Class B Non-Voting Shares were outstanding.


Question: If Total common shares in 2019 were 510,000,000, what was the percentage increase / (decrease) from 2018 to 2019? (in percent)

Solution:
def solution():
    # Define variables name and value
    total_common_shares_2019 = 510000000
    total_common_shares_2018 = 514812675
    
    # Do math calculation to get the answer
    answer = (total_common_shares_2019 / total_common_shares_2018 - 1) * 100
    
    return answer

Answer: -0.9348400367182097