aveni-ai/aveni-bench-tat-qa huggingface dataset:
The tax effect of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities consisted of the following: The liability for gross unrecognized tax benefits at May 26, 2019 was $44.1 million, excluding a related liability of $11.7 million for gross interest and penalties. Included in the balance at May 26, 2019 are $1.0 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. As of May 27, 2018, our gross liability for unrecognized tax benefits was $32.5 million, excluding a related liability of $7.7 million for gross interest and penalties. Interest and penalties recognized in the Consolidated Statements of Operations was an expense of $1.2 million in fiscal 2019, an expense of $1.6 million in fiscal 2018, and a benefit of $0.3 million in fiscal 2017. Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)

May 26, 2019	May 27, 2018

Assets	Liabilities	Assets	Liabilities

Property, plant and equipment	$—	$240.7	$—	$141.0

Inventory	15.2	—	2.6	—

Goodwill, trademarks and other intangible assets	—	1,187.0	—	406.2

Accrued expenses	11.8	—	15.5	—

Compensation related liabilities	35.9	—	34.1	—

Pension and other postretirement benefits	54.6	—	45.8	—

Investment in unconsolidated subsidiaries	—	185.4	—	165.8

Other liabilities that will give rise to future tax deductions	123.5	—	109.7	—

Net capital and operating loss carryforwards	766.5	—	762.5	—

Federal credits	18.0	—	3.5	—

Other	37.6	24.0	23.6	9.5

1,063.1	1,637.1	997.3	722.5

Less: Valuation allowance	(738.1)	—	(739.6)	—

Net deferred taxes	$325.0	$1,637.1	$257.7	$722.5

Question: What is the percentage change in the deferred tax assets of accrued expenses as well as federal credits of 2019 compared to 2018?
Answer: 56.84
The tax effect of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities consisted of the following: The liability for gross unrecognized tax benefits at May 26, 2019 was $44.1 million, excluding a related liability of $11.7 million for gross interest and penalties. Included in the balance at May 26, 2019 are $1.0 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. As of May 27, 2018, our gross liability for unrecognized tax benefits was $32.5 million, excluding a related liability of $7.7 million for gross interest and penalties. Interest and penalties recognized in the Consolidated Statements of Operations was an expense of $1.2 million in fiscal 2019, an expense of $1.6 million in fiscal 2018, and a benefit of $0.3 million in fiscal 2017. Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)

May 26, 2019	May 27, 2018

Assets	Liabilities	Assets	Liabilities

Property, plant and equipment	$—	$240.7	$—	$141.0

Inventory	15.2	—	2.6	—

Goodwill, trademarks and other intangible assets	—	1,187.0	—	406.2

Accrued expenses	11.8	—	15.5	—

Compensation related liabilities	35.9	—	34.1	—

Pension and other postretirement benefits	54.6	—	45.8	—

Investment in unconsolidated subsidiaries	—	185.4	—	165.8

Other liabilities that will give rise to future tax deductions	123.5	—	109.7	—

Net capital and operating loss carryforwards	766.5	—	762.5	—

Federal credits	18.0	—	3.5	—

Other	37.6	24.0	23.6	9.5

1,063.1	1,637.1	997.3	722.5

Less: Valuation allowance	(738.1)	—	(739.6)	—

Net deferred taxes	$325.0	$1,637.1	$257.7	$722.5

Question: What is the proportion of the goodwill, trademarks, and other intangible assets, as well as investment in unconsolidated subsidiaries over total liabilities in 2018?
Answer: 0.84
The tax effect of temporary differences and carryforwards that give rise to significant portions of deferred tax assets and liabilities consisted of the following: The liability for gross unrecognized tax benefits at May 26, 2019 was $44.1 million, excluding a related liability of $11.7 million for gross interest and penalties. Included in the balance at May 26, 2019 are $1.0 million of tax positions for which the ultimate deductibility is highly certain but for which there is uncertainty about the timing of such deductibility. Because of the impact of deferred tax accounting, the disallowance of the shorter deductibility period would not affect the annual effective tax rate but would accelerate the payment of cash to the taxing authority to an earlier period. Any associated interest and penalties imposed would affect the tax rate. As of May 27, 2018, our gross liability for unrecognized tax benefits was $32.5 million, excluding a related liability of $7.7 million for gross interest and penalties. Interest and penalties recognized in the Consolidated Statements of Operations was an expense of $1.2 million in fiscal 2019, an expense of $1.6 million in fiscal 2018, and a benefit of $0.3 million in fiscal 2017. Notes to Consolidated Financial Statements - (Continued) Fiscal Years Ended May 26, 2019, May 27, 2018, and May 28, 2017 (columnar dollars in millions except per share amounts)

May 26, 2019	May 27, 2018

Assets	Liabilities	Assets	Liabilities

Property, plant and equipment	$—	$240.7	$—	$141.0

Inventory	15.2	—	2.6	—

Goodwill, trademarks and other intangible assets	—	1,187.0	—	406.2

Accrued expenses	11.8	—	15.5	—

Compensation related liabilities	35.9	—	34.1	—

Pension and other postretirement benefits	54.6	—	45.8	—

Investment in unconsolidated subsidiaries	—	185.4	—	165.8

Other liabilities that will give rise to future tax deductions	123.5	—	109.7	—

Net capital and operating loss carryforwards	766.5	—	762.5	—

Federal credits	18.0	—	3.5	—

Other	37.6	24.0	23.6	9.5

1,063.1	1,637.1	997.3	722.5

Less: Valuation allowance	(738.1)	—	(739.6)	—

Net deferred taxes	$325.0	$1,637.1	$257.7	$722.5

Question: What is the total net deferred taxes for assets and liabilities from 2018 to 2019?
Answer: 2942.3
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What is the net sales for fiscal years 2019 and 2018 respectively?
Answer: $3,440,258; $3,236,004
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What is the operating income for fiscal years 2019 and 2018 respectively?
Answer: 67,994; 29,700
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What data does the table contain?
Answer: Selected Financial Data
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What is the average cash dividends declared per share for fiscal years 2017 to 2019?
Answer: 1.53
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What is the change in operating income between fiscal years 2019 and 2018?
Answer: 38294
Year Ended October 31,

2019	2018	2017	2016	2015

(In thousands, except per share data)

Net sales	$3,440,258	$3,236,004	$3,342,226	$2,816,057	$2,803,480

Operating income	67,994	29,700	425,239	294,111	335,998

Net income	53,294	61,431	279,745	188,961	216,001

Basic earnings per share	2.41	2.70	12.30	8.37	9.52

Diluted earnings per share	2.41	2.70	12.30	8.37	9.52

Working capital	365,430	367,600	650,817	465,135	396,834

Total assets	1,774,134	1,659,440	1,733,243	1,422,700	1,246,752

Long-term debt, less current maturities	55,000	—	—	—	—

Stockholders’ equity	1,417,675	1,387,893	1,432,862	1,190,262	1,029,861

Cash dividends declared per share	$1.28	$1.28	$2.04	$1.90	$1.38

Item 6. Selected Financial Data Various factors affecting the comparability of the information included in the table above are discussed in Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Question: What is the average basic earnings per share for fiscal years 2017 to 2019?
Answer: 5.8
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: Which years does the table provide information for the projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the company's Pension Plans?
Answer: 2020; 2019; 2018
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: What was the target allocation for Equity Securities in 2020?
Answer: 13
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: What was the percentage of Plan Assets for Other assets in 2019?
Answer: 4
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: Which years did the percentage of plan assets for Debt Securities exceed 80% for 2018 and 2019?
Answer: 2019; 2018
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: What was the change in the percentage of plan assets for Equity Securities between 2018 and 2019?
Answer: 1
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (in thousands, except for share and per share data) Our pension plan asset allocation at December 31, 2019, and 2018, and target allocation for 2020 by asset category are as follows: We employ a liability-driven investment strategy whereby a mix of equity and fixed-income investments are used to pursue a derisking strategy which over time seeks to reduce interest rate mismatch risk and other risks while achieving a return that matches or exceeds the growth in projected pension plan liabilities. Risk tolerance is established through careful consideration of plan liabilities and funded status. The investment portfolio primarily contains a diversified mix of equity and fixed-income investments. Other assets such as private equity are used modestly to enhance long-term returns while improving portfolio diversification. Investment risk is measured and monitored on an ongoing basis through quarterly investment portfolio reviews, annual liability measurements, and asset/liability studies at regular intervals.

Target Allocations	Percentage of Plan Assets at December 31,

Asset Category	2020	2019	2018

Equity securities	13%	13%	12%

Debt securities	83%	83%	84%

Other	4%	4%	4%

Total	100%	100%	100%

Question: What was the difference between the target allocations of Debt Securities and Other assets in 2020?
Answer: 79
Past due but not impaired Customers with balances past due but without provision for impairment of receivables amount to US$9,319,000 as at 30 June 2019 (2018: US$6,890,000). The ageing of the past due but not impaired receivables are as follows: Accounting policy for trade and other receivables Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any provision for impairment. Trade receivables generally have 30 to 90 day terms. AASB 9 Financial Instruments This standard addresses the classification, measurement and derecognition of financial assets and financial liabilities, introduces new rules for hedge accounting and a new impairment model based on expected credit losses for the impairment of financial assets. The Group has applied the new standard on 1 July 2018 using a simplified approach for measuring expected credit losses relating to trade receivables using a lifetime expected loss allowance. To measure the expected credit losses, trade receivables are grouped based on region and ageing. Customers with heightened credit risk are provided for specifically based on historical default rates and forward looking information. Where there is no reasonable expectation of recovery, balances are written-off. The application of the standard did not result in any significant impact on the measurement of the allowance for doubtful debtors. Collectability of trade receivables is reviewed on an ongoing basis. Debts which are known to be uncollectable are written off by reducing the carrying amount directly. A provision for impairment of trade receivables is raised when there is objective evidence that the Group will not be able to collect all amounts due according to the original terms of the receivables. Significant financial difficulties of the debtor, probability that the debtor will enter bankruptcy or financial reorganisation and default or delinquency in payments (more than 60 days overdue) are considered indicators that the trade receivable may be impaired. The amount of the impairment allowance is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the original effective interest rate. Cash flows relating to shortterm receivables are not discounted if the effect of discounting is immaterial. Other receivables are recognised at amortised cost, less any provision for impairment.

Consolidated

2019	2018

US$000	US$000

0 to 1 month overdue	5,139	2,935

1 to 2 months overdue	1,424	1,275

Over 2 months overdue	2,756	2,680

9,319	6,890

Question: What are the types of past due but not impaired receivables?
Answer: 0 to 1 month overdue; 1 to 2 months overdue; Over 2 months overdue