yilunzhao/KnowledgeMath huggingface dataset:
Topic: Accounting

The Brazilian corporation, RIO GRANDE, Inc., borrows money from a local financial institution to fund the building of its manufacturing facility. The loan conditions indicate that the facility build will take two years, during which RIO GRANDE generated BRL 10 million via temporary investment of the loan funds. What would be the sum of the interest associated with the plant's build (in BRL million) that RIO GRANDE could include in its financial statement?

|    | Borrowing date                             | 1 January 2009                          |
|:--:|---------------------------------------|----------------------------------|
|    | Amount borrowed                          | 500 million Brazilian real (BRL) |
|    | Annual interest rate                 | 14 percent                             |
|    | Term of the loan                       | 3 years                                   |
| Payment method  |                                       | Annual payment of interest only. Principal amortization is due at the end of the loan term. |
Topic: Asset Classes & Derivatives

The present three-year EUR interest rate benchmark for swap is 2.12% and both bonds annually yield interest. What is the G-spread measured in basis points (bps) on the corporate bond from the UK?

| Bond                         | Coupon Rate | Time-to-Maturity | Price  |
|------------------------------|-------------|------------------|--------|
| UK Government Benchmark Bond | 2%          | 3 years          | 100.25 |
| UK Corporate Bond            | 5%          | 3 years          | 100.65 |
Topic: Accounting

Considering that the actual return on pension plan assets of Pacific Reserve surpasses its predicted return, what is the company's total periodical pension expense (in $ thousands) for 2013 as displayed in Exhibit 1?

|Exhibit 1  Atlantic Preserves, Inc.                   |        |
|Selected Information from Note F of the 2013 Annual Financial Statements|        |
|Relating to the Company's Defined Benefit Pension Plan (in $ thousands) |        |
|Start-of-year pension obligation                      |72,544  |
|Start-of-year plan assets                             |60,096  |
|End-of-year pension obligation                        |74,077  |
|End-of-year plan assets                               |61,812  |
|Current service cost                                  |1,151   |
|Interest cost                                         |5,441   |
|Actual return on plan assets                          |5,888   |
|Expected return on plan assets                        |4,597   |
|Benefits paid to retired employees                    |5,059   |
|Employer's contributions                              |887     |
|Amortization of past service costs                    |272     |
Topic: Corporate & Securities Issuance

What will be the earnings per share for Blanchard Inc. after repurchasing 100,000 stocks, assuming they borrow precisely the required amount of money for this transaction?

| Shares outstanding before buyback | 3.1 million |
| --- | --- |
| Earnings per share before buyback | $4.00 |
| Share price at time of buyback | $50 |
| After-tax cost of borrowing | 6% |
Topic: Asset Classes & Derivatives

A marketplace has the following limit orders standing on its book for a specific share: John places a day order to sell 1,000 shares, limit £19.83. Supposing that no further purchase orders are placed on that day after John's order, what would be John’s average trade price?

|        | Bid Size      | Offer Size     |
|--------|---------------|----------------|
| Buyer  |(Number of shares)| Limit price(£) | (Number of shares) | Seller|
|-------|---------------|--------------|----------------|--------|
| Keith  | 1,000         | 19.70        |                |       |
| Paul   | 200          | 19.84        |                |       |
| Ann    | 400          | 19.89        |                |       |
| Mary   | 300          | 20.02        |                |       |
|        |               | 20.03        | 800            | Jack  |
|        |               | 20.11        | 1,100          | Margaret |
|        |               | 20.16        | 400            | Jeff   |
Topic: Accounting

The corporation TechnoSphere recently acquired and set up a new apparatus for its production factory. What should be the cumulative expense of the apparatus displayed on TechnoSphere's financial statement, given the costs the company had to bear?

| Purchase price | $12,980 |
|----------------|---------|
| Freight and insurance | $1,200 |
| Installation | $700 |
| Testing | $100 |
| Maintenance staff training costs | $500 |
Topic: Accounting

If a business purchased a client database for $300,000, foreseeing its usefulness for three years, along with a trademark worth $5,000,000 expecting it to be useful indefinitely but it's required to renew it every 10 years with the Patent and Trademark Bureau for a small fee or it will become void. Given that the business applies straight-line depreciation for all its non-physical properties, what would the yearly amortization cost for these two properties amount to?
Topic: Accounting

Given the data provided, what is the company's cash flow generated from operations?

| Net income                           | $200,000 |
|--------------------------------------|----------|
| Decrease in accounts receivable      | 10,000   |
| Depreciation                         | 36,000   |
| Increase in inventory                | 12,000   |
| Increase in accounts payable         | 17,000   |
| Decrease in wages payable            | 8,000    |
| Increase in deferred tax liabilities | 12,000   |
| Profit from the sale of equipment    | 6,000    |
Topic: Accounting

Ultimately, in 2016, Henderson stated that BBBC bought 100% of SongBox (SB), a specific cable music channel in an all-stock transaction. At the point of acquisition, SB had intangible assets for broadcast licenses valued at $2,500. BBBC evaluated the fair market value of these licenses to be $5,500 at that date and estimated the SongBox brand name value to be $2,000, all values are in thousands. The acquisition did not create any goodwill. Prior to the amortization expense calculation, what is the rise in BBBC's intangible assets (in thousands) resulting from the 2016 purchase of SB?
Topic: Accounting

According to the model lnNPMi=b0+b1FATOi, which is based on data collected from a sample of 35 companies in the most recent fiscal year, what is the projected net profit margin for a corporation that has a fixed asset turnover ratio of 2 times? This is what Sam Braxton is studying, focusing on the relationship between companies' net profit margins (in percent) and their fixed asset turnover (FATO).

|                 | Coefficients | Standard Error | t- Statistic | p-Value |
|-----------------|--------------|----------------|--------------|---------|
| Intercept       | 0.5987       | 0.0561         | 10.6749      | 0.0000  |
| FATO            | 0.2951       | 0.0077         | 38.5579      | 0.0000  |
Topic: Accounting

What was the 2010 income tax expense (in thousands) for the business, based on the provided details about the business?

| (all figures in $ thousands) | 2010 | 2009 |
|-----------------------------|------|------|
| Deferred tax assets        | 200  | 160  |
| Deferred tax liabilities   | (450)| (360)|
| Net deferred tax liabilities | (250)| (200)|
|                             |      |      |
| Earning before taxes         | 4000 | 3800 |
| Income taxes at the statutory rate| 1200| 1140|
| Income tax payable (Current income tax expense)| 1000 | 900 |
Topic: Asset Classes & Derivatives

Recently, an analyst named Benedict from a finance corporation collected data for a price-weighted index made up of securities G,H,I. What is the index's price return for that period?

| Security | Beginning($) | End($) | Shares |
| -------- | ------------ | ------ | ------ |
| G        | 15.00        | 17.00  | 500    |
| H        | 35.00        | 33.00  | 300    |
| 1        | 37.00        | 40.00  | 200    |
Topic: Quantitative Analysis & Valuation

If the $150 million distressed bond portfolio managed by Sarah Brown undergoes a 4-sigma daily event, can you estimate the change in the portfolio's value? Sarah, who conducts stress tests on the portfolio, has experienced numerous days over the past two years where the portfolio's daily value change was more than 3 standard deviations. This portfolio has an annualized return of 12% and an annualized return volatility of 25%.
Topic: Quantitative Analysis & Valuation

Henry Miller and his team gather extensive statistical data on the automobile market. From the information, they deduce that the average cost of SUVs exceeds $46,435 in their nation. Subsequently, they randomly pick 64 SUVs with an average value of $46,760. Assuming that the population's standard deviation is 1370, Henry Miller performs a hypothesis test to verify their hypothesis. What is the figure for the calculated test statistic?
Topic: Accounting

What would be the inventory on 31 December 2006 for a US business that employs the last in, first out (LIFO) accounting system for inventory, according to the data reviewed by the analyst, once the values have been adjusted to adapt to the first in, first out (FIFO) method?

|                               | 31 Dec 05 |  31 Dec 06  |
| ----------------------------- | --------- | ----------- |
| Inventory reported on balance sheet | $500,000  | $600,000 |
| LIFO reserve                  | $50,000   | $70,000  |
| Average tax rate              | 30%       | 30%       |
Topic: Asset Classes & Derivatives

Given the information in Displays 1 and 2, when aligning a binomial interest rate tree beginning with the computation of implied forward rates illustrated in Display 2, what is the worth of the inferior one-period forward rate?

| Maturity | Par Rate | Spot Rate |
|----------|---------|---------|
| 1        | 2.5000% | 2.5000% |
| 2        | 3.5000% | 3.5177% |

|          | Time 0   | Time 1                  |
|----------|----------|-------------------------|
|          |          | 5.8365%                 |
|          | 2.500%   |                         |
|          |          | Lower one-period forward rate |
Topic: Accounting

A telecommunications company based in Europe adheres to International Financial Reporting Standards (IFRS) and capitalizes costs of new product development. In 2014, they invested €25 million into new product development and reported an amortization expense of €10 million from the previous year's new product development. The cash flow from operations for this company was reported as €290 million. An analyst is drawing a comparison between this European company and a telecommunications provider in the US, and has chosen to adjust his financial statements to the US GAAP. Considering US GAAP and not taking tax effects into account, what would be the operational cash flow for the European telecommunications provider?
Topic: Asset Classes & Derivatives

Based on the given spot rates, what is the present value of the bond issued by Valencia Corp. that pays no coupon for the initial two years, and then commences to pay an annual coupon at a 9% rate until the bond matures after six years?

| Time to Maturity | Spot Rate |
|------------------|-----------|
| 1 year           | 8.0%      |
| 2 years          | 7.5%      |
| 3 years          | 7.0%      |
| 4 years          | 6.5%      |
| 5 years          | 6.0%      |
| 6 years          | 5.5%      |
Topic: Quantitative Analysis & Valuation

Utilizing a two-period binomial model, Emily is looking to compute the terminal value of a put option. Given the current price of the underlying asset is $150 and the strike price stands at $120, the extent of an upward move is 1.69 and a downward move is 0.59. The option will only hold a positive value if the price falls below the strike price, otherwise its value will remain zero. How many terminal nodes could potentially offer a positive return?
Topic: Asset Classes & Derivatives

What is the value of Bond Z at the upper node at Time 1, when valuing it using the binomial tree shown in Display 1 and the selected data for both bonds given in Display 2?

|       | Time 0  | Time 1  | Time 2  |
|-------|---------|---------|---------|
|       |         |         | 2.7183% |
|       |         | 2.8853% |         |
|       | 1.500%  |         | 1.6487% |
|       |         | 1.7500% |         |
|       |         |         | 1.0000% |

| Bond | Maturity | Coupon Rate |
| --- | --- | --- |
| Bond C | 2 years | 2.5% |
Topic: Asset Classes & Derivatives

A financial expert is looking to determine the comprehensive yield of an recent transaction carried out by an asset fund. The fund entered a completely secured long futures agreement in nearby soybean futures agreements at the listed futures cost of 755.0 (US cents/bushel). After three months, the entire futures agreement was shifted when the near-term futures cost was 768.0 and the further-term futures cost was 773.0. Throughout the three-month timeframe between the initiation of the initial long agreement and the adjustment of the contract, the security earned an yearly rate of 0.40%. What is the fund's three-month comprehensive yield on the soybean futures transaction?
Topic: Accounting

In compliance with IFRS, ABC Corporation obtained a loan to fund the construction of new manufacturing lanes last year. The associated details are provided below: The loan was taken on: 1/1/2017, The borrowed sum was: $100 million, The yearly interest rate: 12%, The loan period: 4 years. The repayment method includes yearly interest payments only, with the principal due at loan maturity. The new manufacturing lanes will take one year to build, and during this time, ABC Corporation succeeded in generating $2 million by investing the loan funds. What would be the total capitalized interest over the loan period?
Topic: Accounting

If Cindy Corp. recently bought a manufacturing device for $60,000 that is anticipated to usher in an annual cash inflow of $25,000 for six years, how much tax will they have to pay in the first year, given that they will depreciate the equipment over six years for accounting purposes and taxation authorities will deem the machine useful for five years, with no salvage value and a 40% tax rate, assuming the straight-line method is used?
Topic: Accounting

What is the ratio of operating cash flow before interest and taxes to operating income for XYZ Company for 2018, given the financial data and cash flow data gathered by the analyst, and considering that the CFF involves cash paid for interest of 1260 and the CFO involves taxes of 1850 in 2018?

|                   | 2018   | 2017   | 2016   |
|------------------| ------- | ------- | ------- |
| Revenue          | 56,455  | 45,882  | 27,265  |
| EBIT              | 4,579   | 3,671   | 2,905   |
| EBT               | 4,012   | 2,878   | 1,987   |
| Net Income   | 3,560   | 2,071   | 1,295   |
| Asset Turnover | 0.56     | 0.52     | 0.49     |
| Asset/Equity  | 2.55     | 2.86     | 2.98     |

|   | 2018 | 2017 | 2016 |
|---|---|---|---|
| **Net income** | 3,560 | 2,071 | 1,295 |
| **Net cash flow provided by (used in) CFO** | 8,850 | 4,220 | 2,990 |
| **Net cash flow provided by (used in) CFI** | (9,880) | (3,250) | (4,875) |
| **Net cash flow provided by (used in) CFF** | (5,120) | 1,050 | (1,910) |
| **Average net operating assets** | 42,000 | 40,530 | 41,600 |
Topic: Market Analysis & Economics

In the beginning of 2011, the spot exchange rate between the UK pound (GBP) and the New Zealand dollar (NZD) was pinned at 2.0979. The GBP interest rates, calculated on a 360-day year basis, were established as 1.6025% for the UK pound and 3.2875% for the NZD. What would the 180-day forward points (multiplied by four decimal points) in NZD/GBP look like?
Topic: Asset Classes & Derivatives

In their next analysis, Tseng and Collin study a possible investment in the leveraged buyout of Peterson Enterprises. Specifically, they are considering buying all the preference shares and 90% of the common equity in the LBO. The specifics of the LBO are as follows: An initial investment of $10 million is required. The financing includes $6 million in debt, $3.6 million in preference shares with a 15% annual return paid out at exit, and $0.4 million in common equity. The projected exit value in six years is $15 million, with an expected decline in debt of $2.8 million in the six years before exit. What would be the multiple of anticipated proceeds at the time of exiting in relation to the funds invested for JRR’s Peterson LBO investment?
Topic: Accounting

If a business adopts IFRS and its bonds have a market interest rate of 5 percent as of January 1, 2010, what might be the interest expense (in millions) for 2010 based on those bond characteristics?

|    Face value    |  £50 million  |
|------------------|---------------|
| Coupon rate, paid annually |  4%  |
|  Maturity  date  | December 31,2019 (10 years) |
|  Issue  price  | 92.28|
Topic: Accounting

Given the available information, what is the reported income tax expense on this year's earnings statement for a corporation during its current financial year?

| Accounting profit (earnings before taxes) | $250,000  |
|-----------------------------------------|-------|
| Taxable income                           | $215,000  |
| Tax rate                                   | 30%   |
| Income taxes paid in year                | $61,200  |
| Deferred tax liability, start of year | $82,400  |
| Deferred tax liability, end of year    | $90,650  |
Topic: Asset Classes & Derivatives

The maturity period of Bond A is 3 years, with annual interest payments and a coupon rate of 6%. Given the spot rates outlined below, what would be the price of Bond A?

| Time-to-Maturity | Spot Rates |
|----------------|-----------|
| 1-year         | 7%        |
| 2-year         | 8%        |
| 3-year         | 9%        |
Topic: Quantitative Analysis & Valuation

Corporation X is a crude oil provider. As a researcher, you are tasked with assessing whether Corporation X will undergo new growth by predicting if Corporation X's biggest client, Corporation Y, will enhance their order quantity. You predict that the likelihood of Corporation Y augmenting the order quantity is 30%. If Corporation Y does amplify the order quantity, Corporation X will have a new growth probability of 80%. However, if Corporation Y does not augment the order quantity, then Corporation X will only have a new growth probability of 10%. Later on, you found out that crude oil provider Corporation X has initiated a new growth. Given this scenario, what is the probability that you estimate Corporation Y to enhance the order quantity?
Topic: Quantitative Analysis & Valuation

The table underneath indicates the monthly stock returns for Ivy Corp. Based on the information provided in this table, can you compute the mode of the returns for Ivy Corp.?

| Jan | Feb | Mar | Apr | May | Jun |
|-----|-----|-----|-----|-----|-----|
| 20% | 4%  | -5% | 12% | 3%  | 12% |
Topic: Quantitative Analysis & Valuation

There are 6000 software developers in the population which is expected to have a normal distribution. A sample of 100 is taken from this population. Given a z-statistic, the 95% confidence interval of the sample mean for the yearly salary is 32.5 (in thousands) dollars, fluctuating between 22 (in thousands) dollars and 43 (in thousands) dollars. Compute the standard error of the mean yearly salary:
Topic: Quantitative Analysis & Valuation

A financial expert has been tasked with identifying potential arbitrage openings in the Treasury bond market by contrasting the cash flows of selected bonds with mixtures of other bonds. If a 1-year zero-coupon bond is valued at USD 98, and a 1-year bond which pays an 8% coupon semi-annually costs USD 103, utilizing a replication methodology, what should be the cost of a 1-year Treasury bond that offers a 6% semi-annual coupon?
Topic: Portfolio Management & Strategy

Can you calculate the value added from asset allocation according to the given table?

|     | Portfolio return | Benchmark return | Portfolio weight | Benchmark weight |
|-----|------------------|------------------|------------------|------------------|
| Domestic | 25% | 15% | 50% | 35% |
| Bond 9% | - | 5% | 30% | 35% |
| International 15% | - | 18% | 20% | 30% |
Topic: Accounting

Let's take U.S. GAAP into account unless specified otherwise. What is the annual free cash flow to equity for the business, taking into account that it does not pay out any dividends, carries no debt, and this information was collected over one year by a market researcher?

|    |    |
|---|---|
| Net income | 45.8 |
| Depreciation | 18.2 |
| Loss on sale of equipment | 1.6 |
| Decrease in accounts receivable | 4.2 |
| Increase in inventories | 5.4 |
| Increase in accounts payable | 4.5 |
| Capital expenditures | 7.3 |
| Proceeds from sale of stock | 8.5 |
Topic: Asset Classes & Derivatives

The primary asset of the company Cedarstar consists of 10,000 hectares of timberland in western Canada, containing both new and mature Douglas fir trees. As of December 31, 2008, Cedarstar's financial details are as follows with additional data collected by Johnson regarding the recent sales of similar timberland properties in western Canada. For pieces of land possessing the same characteristics as Cedarstar, the going rate is $8,750 per hectare. Using these details and an asset-based approach, what is the net worth (after deducting any liabilities) of Cedarstar?

|                                   |                 |
|-----------------------------------|-----------------|
| Oakstar Timber Balance Sheet (Year Ended 31 December 2008) |        |
|        **Assets**                    |                 |
| Cash                                | $500,000        |
| Inventory                           | $25,000         |
| Accounts receivable                 | $50,000         |
| Plant and equipment (cost less depreciation) | $750,000      |
| Land                                | $10,000,000     |
| **Total assets**                    | $11,325,000     |
|       **Liabilities and Equity**   |                 |
| Accounts payables                   | $75,000         |
| Long-term bank loan                 | $1,500,000      |
| Common stock                        | $9,750,000      |
| **Total liabilities and equity**   | $11,325,000     |
Topic: Quantitative Analysis & Valuation

Calculate the arithmetic mean return for the stock of Boulder Corporation, according to the given table showcasing their annual stock returns.

| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
|------|------|------|------|------|------|
| 10%  | 15%  | -8%  | 12%  | -6%  | 8%   |
Topic: Asset Classes & Derivatives

A portfolio manager possesses the following three bonds, all of which are free of options and carry the specified durations. What is the duration of the portfolio?

| Bond | Par Value Owned | Market Value Owned | Duration |
|------|-----------------|-------------------|--------- |
| A    | $8,000,000     | $12,000,000       | 3       |
| B    | $8,000,000     | $6,000,000        | 7       |
| C    | $4,000,000     | $6,000,000        | 6       |
Topic: Asset Classes & Derivatives

A buyer purchases a lesser-quality, two-year corporate bond that has a coupon rate of 4.15%. The exhibit underneath displays the Government Spot Rates. The Z-Spreads for this corporate bond is at 0.65%. The bond is possibly trading at a price of:

|  | Maturity (Years) |  |  |  |
|---|---|---|---|---|
|  | 1 | 2 | 3 | 4 |
| Government spot rate | 2.25% | 2.70% | 3.30% | 4.05% |
Topic: Market Analysis & Economics

The formula: Qod = 3 - 0.05P0 + 0.009I - 0.16Pt represents a person's demand for onions: with Qod being the demanded quantity of onions, P0 represents the cost per pound of onions, I symbolizes the household income, and Pt indicates the price per pound of tomatoes. Considering a case where the cost of onions is $1.25 per pound, the income of the household is $2,500, and tomatoes are priced at $3.75 per pound, what would be the cross-price elasticity of demand concerning the price of tomatoes for this person's onion demand?