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finqa719
|
Please answer the given financial question based on the context.
Context: 5 . stock based compensation overview maa accounts for its stock based employee compensation plans in accordance with accounting standards governing stock based compensation . these standards require an entity to measure the cost of employee services received in exchange for an award of an equity instrument based on the award's fair value on the grant date and recognize the cost over the period during which the employee is required to provide service in exchange for the award , which is generally the vesting period . any liability awards issued are remeasured at each reporting period . maa 2019s stock compensation plans consist of a number of incentives provided to attract and retain independent directors , executive officers and key employees . incentives are currently granted under the second amended and restated 2013 stock incentive plan , or the stock plan , which was approved at the 2018 annual meeting of maa shareholders . the stock plan allows for the grant of restricted stock and stock options up to 2000000 shares . maa believes that such awards better align the interests of its employees with those of its shareholders . compensation expense is generally recognized for service based restricted stock awards using the straight-line method over the vesting period of the shares regardless of cliff or ratable vesting distinctions . compensation expense for market and performance based restricted stock awards is generally recognized using the accelerated amortization method with each vesting tranche valued as a separate award , with a separate vesting date , consistent with the estimated value of the award at each period end . additionally , compensation expense is adjusted for actual forfeitures for all awards in the period that the award was forfeited . compensation expense for stock options is generally recognized on a straight-line basis over the requisite service period . maa presents stock compensation expense in the consolidated statements of operations in "general and administrative expenses" . total compensation expense under the stock plan was $ 12.9 million , $ 10.8 million and $ 12.2 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . of these amounts , total compensation expense capitalized was $ 0.5 million , $ 0.2 million and $ 0.7 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . as of december 31 , 2018 , the total unrecognized compensation expense was $ 13.5 million . this cost is expected to be recognized over the remaining weighted average period of 1.1 years . total cash paid for the settlement of plan shares totaled $ 2.9 million , $ 4.8 million and $ 2.0 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . information concerning grants under the stock plan is provided below . restricted stock in general , restricted stock is earned based on either a service condition , performance condition , or market condition , or a combination thereof , and generally vests ratably over a period from 1 year to 5 years . service based awards are earned when the employee remains employed over the requisite service period and are valued on the grant date based upon the market price of maa common stock on the date of grant . market based awards are earned when maa reaches a specified stock price or specified return on the stock price ( price appreciation plus dividends ) and are valued on the grant date using a monte carlo simulation . performance based awards are earned when maa reaches certain operational goals such as funds from operations , or ffo , targets and are valued based upon the market price of maa common stock on the date of grant as well as the probability of reaching the stated targets . maa remeasures the fair value of the performance based awards each balance sheet date with adjustments made on a cumulative basis until the award is settled and the final compensation is known . the weighted average grant date fair value per share of restricted stock awards granted during the years ended december 31 , 2018 , 2017 and 2016 , was $ 71.85 , $ 84.53 and $ 73.20 , respectively . the following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended december 31 , 2018 , 2017 and 2016: .
||2018|2017|2016|
|risk free rate|1.61% ( 1.61 % ) - 2.14% ( 2.14 % )|0.65% ( 0.65 % ) - 1.57% ( 1.57 % )|0.49% ( 0.49 % ) - 1.27% ( 1.27 % )|
|dividend yield|3.884% ( 3.884 % )|3.573% ( 3.573 % )|3.634% ( 3.634 % )|
|volatility|15.05% ( 15.05 % ) - 17.18% ( 17.18 % )|20.43% ( 20.43 % ) - 21.85% ( 21.85 % )|18.41% ( 18.41 % ) - 19.45% ( 19.45 % )|
|requisite service period|3 years|3 years|3 years|
the risk free rate was based on a zero coupon risk-free rate . the minimum risk free rate was based on a period of 0.25 years for the years ended december 31 , 2018 , 2017 and 2016 . the maximum risk free rate was based on a period of 3 years for the years ended december 31 , 2018 , 2017 and 2016 . the dividend yield was based on the closing stock price of maa stock on the .
Question: what is the highest dividend yield during 2016-2018?
Answer:
|
0.03884
|
what is the highest dividend yield during 2016-2018?
|
{
"options": {
"A": "0.03884",
"B": "0.03573",
"C": "0.03634",
"D": "0.03884"
},
"goldenKey": "A"
}
|
{
"A": "0.03884",
"B": "0.03573",
"C": "0.03634",
"D": "0.03884"
}
|
A
|
finqa720
|
Please answer the given financial question based on the context.
Context: the goldman sachs group , inc . and subsidiaries management 2019s discussion and analysis the table below presents our average monthly assets under supervision by asset class . average for the year ended december $ in billions 2017 2016 2015 .
|$ in billions|average for theyear ended december 2017|average for theyear ended december 2016|average for theyear ended december 2015|
|alternative investments|$ 162|$ 149|$ 145|
|equity|292|256|247|
|fixed income|633|578|530|
|total long-term aus|1087|983|922|
|liquidity products|330|326|272|
|total aus|$ 1417|$ 1309|$ 1194|
operating environment . during 2017 , investment management operated in an environment characterized by generally higher asset prices , resulting in appreciation in both equity and fixed income assets . in addition , our long- term assets under supervision increased from net inflows primarily in fixed income and alternative investment assets . these increases were partially offset by net outflows in liquidity products . as a result , the mix of average assets under supervision during 2017 shifted slightly from liquidity products to long-term assets under supervision as compared to the mix at the end of 2016 . in the future , if asset prices decline , or investors favor assets that typically generate lower fees or investors withdraw their assets , net revenues in investment management would likely be negatively impacted . following a challenging first quarter of 2016 , market conditions improved during the remainder of 2016 with higher asset prices resulting in full year appreciation in both equity and fixed income assets . also , our assets under supervision increased during 2016 from net inflows , primarily in fixed income assets , and liquidity products . the mix of our average assets under supervision shifted slightly compared with 2015 from long-term assets under supervision to liquidity products . management fees were impacted by many factors , including inflows to advisory services and outflows from actively-managed mutual funds . 2017 versus 2016 . net revenues in investment management were $ 6.22 billion for 2017 , 7% ( 7 % ) higher than 2016 , due to higher management and other fees , reflecting higher average assets under supervision , and higher transaction revenues . during the year , total assets under supervision increased $ 115 billion to $ 1.49 trillion . long- term assets under supervision increased $ 128 billion , including net market appreciation of $ 86 billion , primarily in equity and fixed income assets , and net inflows of $ 42 billion ( which includes $ 20 billion of inflows in connection with the verus acquisition and $ 5 billion of equity asset outflows in connection with the australian divestiture ) , primarily in fixed income and alternative investment assets . liquidity products decreased $ 13 billion ( which includes $ 3 billion of inflows in connection with the verus acquisition ) . operating expenses were $ 4.80 billion for 2017 , 3% ( 3 % ) higher than 2016 , primarily due to increased compensation and benefits expenses , reflecting higher net revenues . pre-tax earnings were $ 1.42 billion in 2017 , 25% ( 25 % ) higher than 2016 versus 2015 . net revenues in investment management were $ 5.79 billion for 2016 , 7% ( 7 % ) lower than 2015 . this decrease primarily reflected significantly lower incentive fees compared with a strong 2015 . in addition , management and other fees were slightly lower , reflecting shifts in the mix of client assets and strategies , partially offset by the impact of higher average assets under supervision . during 2016 , total assets under supervision increased $ 127 billion to $ 1.38 trillion . long-term assets under supervision increased $ 75 billion , including net inflows of $ 42 billion , primarily in fixed income assets , and net market appreciation of $ 33 billion , primarily in equity and fixed income assets . in addition , liquidity products increased $ 52 billion . operating expenses were $ 4.65 billion for 2016 , 4% ( 4 % ) lower than 2015 , due to decreased compensation and benefits expenses , reflecting lower net revenues . pre-tax earnings were $ 1.13 billion in 2016 , 17% ( 17 % ) lower than 2015 . geographic data see note 25 to the consolidated financial statements for a summary of our total net revenues , pre-tax earnings and net earnings by geographic region . goldman sachs 2017 form 10-k 63 .
Question: in billions for 2017 , 2016 , and 2015 , what was the average in alternative investments?
Answer:
|
152.0
|
in billions for 2017 , 2016 , and 2015 , what was the average in alternative investments?
|
{
"options": {
"A": "162.0",
"B": "149.0",
"C": "145.0",
"D": "152.0"
},
"goldenKey": "D"
}
|
{
"A": "162.0",
"B": "149.0",
"C": "145.0",
"D": "152.0"
}
|
D
|
finqa721
|
Please answer the given financial question based on the context.
Context: performance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 28 , 2012 through october 29 , 2017 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 28 , 2012 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index *assumes $ 100 invested on 10/28/12 in stock or 10/31/12 in index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2017 standard & poor 2019s , a division of s&p global . all rights reserved. .
||10/28/2012|10/27/2013|10/26/2014|10/25/2015|10/30/2016|10/29/2017|
|applied materials|100.00|171.03|207.01|165.34|293.64|586.91|
|s&p 500 index|100.00|127.18|149.14|156.89|163.97|202.72|
|rdg semiconductor composite index|100.00|131.94|167.25|160.80|193.36|288.96|
dividends during each of fiscal 2017 , 2016 and 2015 , applied 2019s board of directors declared four quarterly cash dividends in the amount of $ 0.10 per share . applied currently anticipates that cash dividends will continue to be paid on a quarterly basis , although the declaration of any future cash dividend is at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination by the board of directors that cash dividends are in the best interests of applied 2019s stockholders . 10/28/12 10/27/13 10/26/14 10/25/15 10/30/16 10/29/17 applied materials , inc . s&p 500 rdg semiconductor composite .
Question: what is the roi in applied materials if the investment was made in 2012 and sold in 2015?
Answer:
|
0.6534
|
what is the roi in applied materials if the investment was made in 2012 and sold in 2015?
|
{
"options": {
"A": "0.6534",
"B": "0.6718",
"C": "0.6875",
"D": "0.7123"
},
"goldenKey": "A"
}
|
{
"A": "0.6534",
"B": "0.6718",
"C": "0.6875",
"D": "0.7123"
}
|
A
|
finqa722
|
Please answer the given financial question based on the context.
Context: the company 2019s 2017 reported tax rate includes $ 160.9 million of net tax benefits associated with the tax act , $ 6.2 million of net tax benefits on special gains and charges , and net tax benefits of $ 25.3 million associated with discrete tax items . in connection with the company 2019s initial analysis of the impact of the tax act , as noted above , a provisional net discrete tax benefit of $ 160.9 million was recorded in the period ended december 31 , 2017 , which includes $ 321.0 million tax benefit for recording deferred tax assets and liabilities at the u.s . enacted tax rate , and a net expense for the one-time transition tax of $ 160.1 million . while the company was able to make an estimate of the impact of the reduction in the u.s . rate on deferred tax assets and liabilities and the one-time transition tax , it may be affected by other analyses related to the tax act , as indicated above . special ( gains ) and charges represent the tax impact of special ( gains ) and charges , as well as additional tax benefits utilized in anticipation of u.s . tax reform of $ 7.8 million . during 2017 , the company recorded a discrete tax benefit of $ 39.7 million related to excess tax benefits , resulting from the adoption of accounting changes regarding the treatment of tax benefits on share-based compensation . the extent of excess tax benefits is subject to variation in stock price and stock option exercises . in addition , the company recorded net discrete expenses of $ 14.4 million related to recognizing adjustments from filing the 2016 u.s . federal income tax return and international adjustments due to changes in estimates , partially offset by the release of reserves for uncertain tax positions due to the expiration of statute of limitations in state tax matters . during 2016 , the company recognized net expense related to discrete tax items of $ 3.9 million . the net expenses were driven primarily by recognizing adjustments from filing the company 2019s 2015 u.s . federal income tax return , partially offset by settlement of international tax matters and remeasurement of certain deferred tax assets and liabilities resulting from the application of updated tax rates in international jurisdictions . net expense was also impacted by adjustments to deferred tax asset and liability positions and the release of reserves for uncertain tax positions due to the expiration of statute of limitations in non-u.s . jurisdictions . during 2015 , the company recognized net benefits related to discrete tax items of $ 63.3 million . the net benefits were driven primarily by the release of $ 20.6 million of valuation allowances , based on the realizability of foreign deferred tax assets and the ability to recognize a worthless stock deduction of $ 39.0 million for the tax basis in a wholly-owned domestic subsidiary . a reconciliation of the beginning and ending amount of gross liability for unrecognized tax benefits is as follows: .
|( millions )|2017|2016|2015|
|balance at beginning of year|$ 75.9|$ 74.6|$ 78.7|
|additions based on tax positions related to the current year|3.2|8.8|5.8|
|additions for tax positions of prior years|-|2.1|0.9|
|reductions for tax positions of prior years|-4.9 ( 4.9 )|-1.0 ( 1.0 )|-8.8 ( 8.8 )|
|reductions for tax positions due to statute of limitations|-14.0 ( 14.0 )|-5.5 ( 5.5 )|-1.6 ( 1.6 )|
|settlements|-10.8 ( 10.8 )|-2.0 ( 2.0 )|-4.2 ( 4.2 )|
|assumed in connection with acquisitions|10.0|-|8.0|
|foreign currency translation|2.1|-1.1 ( 1.1 )|-4.2 ( 4.2 )|
|balance at end of year|$ 61.5|$ 75.9|$ 74.6|
the total amount of unrecognized tax benefits , if recognized would have affected the effective tax rate by $ 47.1 million as of december 31 , 2017 , $ 57.5 million as of december 31 , 2016 and $ 59.2 million as of december 31 , 2015 . the company recognizes interest and penalties related to unrecognized tax benefits in its provision for income taxes . during 2017 , 2016 and 2015 the company released $ 0.9 million , $ 2.9 million and $ 1.4 million related to interest and penalties , respectively . the company had $ 9.3 million , $ 10.2 million and $ 13.1 million of accrued interest , including minor amounts for penalties , at december 31 , 2017 , 2016 , and 2015 , respectively. .
Question: what is the percentage change in the balance of gross liability for unrecognized tax benefits from 2015 to 2016?
Answer:
|
0.01743
|
what is the percentage change in the balance of gross liability for unrecognized tax benefits from 2015 to 2016?
|
{
"options": {
"A": "1.743%",
"B": "17.43%",
"C": "0.1743%",
"D": "0.01743%"
},
"goldenKey": "D"
}
|
{
"A": "1.743%",
"B": "17.43%",
"C": "0.1743%",
"D": "0.01743%"
}
|
D
|
finqa723
|
Please answer the given financial question based on the context.
Context: adobe systems incorporated notes to consolidated financial statements ( continued ) we review our goodwill for impairment annually , or more frequently , if facts and circumstances warrant a review . we completed our annual impairment test in the second quarter of fiscal 2014 . we elected to use the step 1 quantitative assessment for our reporting units and determined that there was no impairment of goodwill . there is no significant risk of material goodwill impairment in any of our reporting units , based upon the results of our annual goodwill impairment test . we amortize intangible assets with finite lives over their estimated useful lives and review them for impairment whenever an impairment indicator exists . we continually monitor events and changes in circumstances that could indicate carrying amounts of our long-lived assets , including our intangible assets may not be recoverable . when such events or changes in circumstances occur , we assess recoverability by determining whether the carrying value of such assets will be recovered through the undiscounted expected future cash flows . if the future undiscounted cash flows are less than the carrying amount of these assets , we recognize an impairment loss based on any excess of the carrying amount over the fair value of the assets . we did not recognize any intangible asset impairment charges in fiscal 2014 , 2013 or 2012 . our intangible assets are amortized over their estimated useful lives of 1 to 14 years . amortization is based on the pattern in which the economic benefits of the intangible asset will be consumed or on a straight-line basis when the consumption pattern is not apparent . the weighted average useful lives of our intangible assets were as follows : weighted average useful life ( years ) .
||weighted averageuseful life ( years )|
|purchased technology|6|
|customer contracts and relationships|10|
|trademarks|8|
|acquired rights to use technology|8|
|localization|1|
|other intangibles|3|
software development costs capitalization of software development costs for software to be sold , leased , or otherwise marketed begins upon the establishment of technological feasibility , which is generally the completion of a working prototype that has been certified as having no critical bugs and is a release candidate . amortization begins once the software is ready for its intended use , generally based on the pattern in which the economic benefits will be consumed . to date , software development costs incurred between completion of a working prototype and general availability of the related product have not been material . internal use software we capitalize costs associated with customized internal-use software systems that have reached the application development stage . such capitalized costs include external direct costs utilized in developing or obtaining the applications and payroll and payroll-related expenses for employees , who are directly associated with the development of the applications . capitalization of such costs begins when the preliminary project stage is complete and ceases at the point in which the project is substantially complete and is ready for its intended purpose . income taxes we use the asset and liability method of accounting for income taxes . under this method , income tax expense is recognized for the amount of taxes payable or refundable for the current year . in addition , deferred tax assets and liabilities are recognized for expected future tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities , and for operating losses and tax credit carryforwards . we record a valuation allowance to reduce deferred tax assets to an amount for which realization is more likely than not . taxes collected from customers we net taxes collected from customers against those remitted to government authorities in our financial statements . accordingly , taxes collected from customers are not reported as revenue. .
Question: is the weighted average useful life ( years ) greater for purchased technology than customer contracts and relationships?
Answer:
|
no
|
is the weighted average useful life ( years ) greater for purchased technology than customer contracts and relationships?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
},
"goldenKey": "B"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not mentioned in the context"
}
|
B
|
finqa724
|
Please answer the given financial question based on the context.
Context: acquire operations and facilities from municipalities and other local governments , as they increasingly seek to raise capital and reduce risk . we realize synergies from consolidating businesses into our existing operations , whether through acquisitions or public-private partnerships , which allows us to reduce capital expenditures and expenses associated with truck routing , personnel , fleet maintenance , inventories and back-office administration . operating model the goal of our operating model pillar is to deliver a consistent , high-quality service to all of our customers through the republic way : one way . everywhere . every day . this approach of developing standardized processes with rigorous controls and tracking allows us to leverage our scale and deliver durable operational excellence . the republic way is the key to harnessing the best of what we do as operators and translating that across all facets of our business . a key enabler of the republic way is our organizational structure that fosters a high performance culture by maintaining 360-degree accountability and full profit and loss responsibility with local management , supported by a functional structure to provide subject matter expertise . this structure allows us to take advantage of our scale by coordinating functionally across all of our markets , while empowering local management to respond to unique market dynamics . we have rolled out several productivity and cost control initiatives designed to deliver the best service possible to our customers in the most efficient and environmentally sound way . fleet automation approximately 75% ( 75 % ) of our residential routes have been converted to automated single-driver trucks . by converting our residential routes to automated service , we reduce labor costs , improve driver productivity , decrease emissions and create a safer work environment for our employees . additionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities . fleet conversion to compressed natural gas ( cng ) approximately 19% ( 19 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is the most prudent approach to realizing the full value of our previous fleet investments . approximately 30% ( 30 % ) of our replacement vehicle purchases during 2017 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission initiatives that focus on protecting the environment . although upfront capital costs are higher , using cng reduces our overall fleet operating costs through lower fuel expenses . as of december 31 , 2017 , we operated 37 cng fueling stations . standardized maintenance based on an industry trade publication , we operate the seventh largest vocational fleet in the united states . as of december 31 , 2017 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles approximate average age .
||approximate number of vehicles|approximate average age|
|residential|7200|7.5|
|small-container|4600|7.1|
|large-container|4100|8.8|
|total|15900|7.7|
.
Question: what is the approximately number of vehicles that were converted to compressed natural gas
Answer:
|
3021.0
|
what is the approximately number of vehicles that were converted to compressed natural gas
|
{
"options": {
"A": "7200",
"B": "4600",
"C": "4100",
"D": "3021"
},
"goldenKey": "D"
}
|
{
"A": "7200",
"B": "4600",
"C": "4100",
"D": "3021"
}
|
D
|
finqa725
|
Please answer the given financial question based on the context.
Context: general market conditions affecting trust asset performance , future discount rates based on average yields of high quality corporate bonds and our decisions regarding certain elective provisions of the we currently project that we will make total u.s . and foreign benefit plan contributions in 2014 of approximately $ 57 million . actual 2014 contributions could be different from our current projections , as influenced by our decision to undertake discretionary funding of our benefit trusts versus other competing investment priorities , future changes in government requirements , trust asset performance , renewals of union contracts , or higher-than-expected health care claims cost experience . we measure cash flow as net cash provided by operating activities reduced by expenditures for property additions . we use this non-gaap financial measure of cash flow to focus management and investors on the amount of cash available for debt repayment , dividend distributions , acquisition opportunities , and share repurchases . our cash flow metric is reconciled to the most comparable gaap measure , as follows: .
|( dollars in millions )|2013|2012|2011|
|net cash provided by operating activities|$ 1807|$ 1758|$ 1595|
|additions to properties|-637 ( 637 )|-533 ( 533 )|-594 ( 594 )|
|cash flow|$ 1170|$ 1225|$ 1001|
|year-over-year change|( 4.5 ) % ( % )|22.4% ( 22.4 % )||
year-over-year change ( 4.5 ) % ( % ) 22.4% ( 22.4 % ) the decrease in cash flow ( as defined ) in 2013 compared to 2012 was due primarily to higher capital expenditures . the increase in cash flow in 2012 compared to 2011 was driven by improved performance in working capital resulting from the one-time benefit derived from the pringles acquisition , as well as changes in the level of capital expenditures during the three-year period . investing activities our net cash used in investing activities for 2013 amounted to $ 641 million , a decrease of $ 2604 million compared with 2012 primarily attributable to the $ 2668 million acquisition of pringles in 2012 . capital spending in 2013 included investments in our supply chain infrastructure , and to support capacity requirements in certain markets , including pringles . in addition , we continued the investment in our information technology infrastructure related to the reimplementation and upgrade of our sap platform . net cash used in investing activities of $ 3245 million in 2012 increased by $ 2658 million compared with 2011 , due to the acquisition of pringles in 2012 . cash paid for additions to properties as a percentage of net sales has increased to 4.3% ( 4.3 % ) in 2013 , from 3.8% ( 3.8 % ) in 2012 , which was a decrease from 4.5% ( 4.5 % ) in financing activities our net cash used by financing activities was $ 1141 million for 2013 , compared to net cash provided by financing activities of $ 1317 million for 2012 and net cash used in financing activities of $ 957 million for 2011 . the increase in cash provided from financing activities in 2012 compared to 2013 and 2011 , was primarily due to the issuance of debt related to the acquisition of pringles . total debt was $ 7.4 billion at year-end 2013 and $ 7.9 billion at year-end 2012 . in february 2013 , we issued $ 250 million of two-year floating-rate u.s . dollar notes , and $ 400 million of ten-year 2.75% ( 2.75 % ) u.s . dollar notes , resulting in aggregate net proceeds after debt discount of $ 645 million . the proceeds from these notes were used for general corporate purposes , including , together with cash on hand , repayment of the $ 750 million aggregate principal amount of our 4.25% ( 4.25 % ) u.s . dollar notes due march 2013 . in may 2012 , we issued $ 350 million of three-year 1.125% ( 1.125 % ) u.s . dollar notes , $ 400 million of five-year 1.75% ( 1.75 % ) u.s . dollar notes and $ 700 million of ten-year 3.125% ( 3.125 % ) u.s . dollar notes , resulting in aggregate net proceeds after debt discount of $ 1.442 billion . the proceeds of these notes were used for general corporate purposes , including financing a portion of the acquisition of pringles . in may 2012 , we issued cdn . $ 300 million of two-year 2.10% ( 2.10 % ) fixed rate canadian dollar notes , using the proceeds from these notes for general corporate purposes , which included repayment of intercompany debt . this repayment resulted in cash available to be used for a portion of the acquisition of pringles . in december 2012 , we repaid $ 750 million five-year 5.125% ( 5.125 % ) u.s . dollar notes at maturity with commercial paper . in april 2011 , we repaid $ 945 million ten-year 6.60% ( 6.60 % ) u.s . dollar notes at maturity with commercial paper . in may 2011 , we issued $ 400 million of seven-year 3.25% ( 3.25 % ) fixed rate u.s . dollar notes , using the proceeds of $ 397 million for general corporate purposes and repayment of commercial paper . in november 2011 , we issued $ 500 million of five-year 1.875% ( 1.875 % ) fixed rate u . s . dollar notes , using the proceeds of $ 498 million for general corporate purposes and repayment of commercial paper. .
Question: what was the average cash flow from 2011 to 2013 in millions
Answer:
|
1699.5
|
what was the average cash flow from 2011 to 2013 in millions
|
{
"options": {
"A": "1170",
"B": "1225",
"C": "1001",
"D": "1699.5"
},
"goldenKey": "D"
}
|
{
"A": "1170",
"B": "1225",
"C": "1001",
"D": "1699.5"
}
|
D
|
finqa726
|
Please answer the given financial question based on the context.
Context: fortron industries llc . fortron is a leading global producer of pps , sold under the fortron ae brand , which is used in a wide variety of automotive and other applications , especially those requiring heat and/or chemical resistance . fortron's facility is located in wilmington , north carolina . this venture combines the sales , marketing , distribution , compounding and manufacturing expertise of celanese with the pps polymer technology expertise of kureha america inc . cellulose derivatives strategic ventures . our cellulose derivatives ventures generally fund their operations using operating cash flow and pay dividends based on each ventures' performance in the preceding year . in 2014 , 2013 and 2012 , we received cash dividends of $ 115 million , $ 92 million and $ 83 million , respectively . although our ownership interest in each of our cellulose derivatives ventures exceeds 20% ( 20 % ) , we account for these investments using the cost method of accounting because we determined that we cannot exercise significant influence over these entities due to local government investment in and influence over these entities , limitations on our involvement in the day-to-day operations and the present inability of the entities to provide timely financial information prepared in accordance with generally accepted accounting principles in the united states of america ( "us gaap" ) . 2022 other equity method investments infraservs . we hold indirect ownership interests in several german infraserv groups that own and develop industrial parks and provide on-site general and administrative support to tenants . our ownership interest in the equity investments in infraserv affiliates are as follows : as of december 31 , 2014 ( in percentages ) .
||as of december 31 2014 ( in percentages )|
|infraserv gmbh & co . gendorf kg|39|
|infraserv gmbh & co . hoechst kg|32|
|infraserv gmbh & co . knapsack kg|27|
research and development our businesses are innovation-oriented and conduct research and development activities to develop new , and optimize existing , production technologies , as well as to develop commercially viable new products and applications . research and development expense was $ 86 million , $ 85 million and $ 104 million for the years ended december 31 , 2014 , 2013 and 2012 , respectively . we consider the amounts spent during each of the last three fiscal years on research and development activities to be sufficient to execute our current strategic initiatives . intellectual property we attach importance to protecting our intellectual property , including safeguarding our confidential information and through our patents , trademarks and copyrights , in order to preserve our investment in research and development , manufacturing and marketing . patents may cover processes , equipment , products , intermediate products and product uses . we also seek to register trademarks as a means of protecting the brand names of our company and products . patents . in most industrial countries , patent protection exists for new substances and formulations , as well as for certain unique applications and production processes . however , we do business in regions of the world where intellectual property protection may be limited and difficult to enforce . confidential information . we maintain stringent information security policies and procedures wherever we do business . such information security policies and procedures include data encryption , controls over the disclosure and safekeeping of confidential information and trade secrets , as well as employee awareness training . trademarks . aoplus ae , aoplus ae2 , aoplus ae3 , ateva ae , avicor ae , britecoat ae , celanese ae , celanex ae , celcon ae , celfx 2122 , celstran ae , celvolit ae , clarifoil ae , duroset ae , ecovae ae , factor ae , fortron ae , gur ae , hostaform ae , impet ae , mowilith ae , nutrinova ae , qorus 2122 , riteflex ae , sunett ae , tcx 2122 , thermx ae , tufcor ae , vantage ae , vantageplus 2122 , vantage ae2 , vectra ae , vinamul ae , vitaldose ae , zenite ae and certain other branded products and services named in this document are registered or reserved trademarks or service marks owned or licensed by celanese . the foregoing is not intended to be an exhaustive or comprehensive list of all registered or reserved trademarks and service marks owned or licensed by celanese . fortron ae is a registered trademark of fortron industries llc. .
Question: what is the growth rate in research and development expenses from 2012 to 2013?
Answer:
|
-0.18269
|
what is the growth rate in research and development expenses from 2012 to 2013?
|
{
"options": {
"A": "-0.18269",
"B": "0.18269",
"C": "0.01269",
"D": "-0.01269"
},
"goldenKey": "A"
}
|
{
"A": "-0.18269",
"B": "0.18269",
"C": "0.01269",
"D": "-0.01269"
}
|
A
|
finqa727
|
Please answer the given financial question based on the context.
Context: d u k e r e a l t y c o r p o r a t i o n 1 6 2 0 0 2 a n n u a l r e p o r t management 2019s discussion and analysis of financial conditionand results of operations the indenture governing the company 2019s unsecured notes also requires the company to comply with financial ratios and other covenants regarding the operations of the company . the company is currently in compliance with all such covenants and expects to remain in compliance in the foreseeable future . in january 2003 , the company completed an issuance of unsecured debt totaling $ 175 million bearing interest at 5.25% ( 5.25 % ) , due 2010 . sale of real estate assets the company utilizes sales of real estate assets as an additional source of liquidity . during 2000 and 2001 , the company engaged in a capital-recycling program that resulted in sales of over $ 1 billion of real estate assets during these two years . in 2002 , this program was substantially reduced as capital needs were met through other sources and the slower business climate provided few opportunities to profitably reinvest sales proceeds . the company continues to pursue opportunities to sell real estate assets when beneficial to the long-term strategy of the company . uses of liquidity the company 2019s principal uses of liquidity include the following : 2022 property investments and recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 the company 2019s common stock repurchase program . property investments and other capital expenditures one of the company 2019s principal uses of its liquidity is for the development , acquisition and recurring leasing/capital expendi- tures of its real estate investments . a summary of the company 2019s recurring capital expenditures is as follows ( in thousands ) : dividends and distributions in order to qualify as a reit for federal income tax purposes , the company must currently distribute at least 90% ( 90 % ) of its taxable income to its shareholders and duke realty limited partnership ( 201cdrlp 201d ) unitholders . the company paid dividends of $ 1.81 , $ 1.76 and $ 1.64 for the years ended december 31 , 2002 , 2001 and 2000 , respectively . the company expects to continue to distribute taxable earnings to meet the requirements to maintain its reit status . however , distributions are declared at the discretion of the company 2019s board of directors and are subject to actual cash available for distribution , the company 2019s financial condition , capital requirements and such other factors as the company 2019s board of directors deems relevant . debt maturities debt outstanding at december 31 , 2002 , totaled $ 2.1 billion with a weighted average interest rate of 6.25% ( 6.25 % ) maturing at various dates through 2028 . the company had $ 1.8 billion of unsecured debt and $ 299.1 million of secured debt outstanding at december 31 , 2002 . scheduled principal amortization of such debt totaled $ 10.9 million for the year ended december 31 , 2002 . following is a summary of the scheduled future amortization and maturities of the company 2019s indebtedness at december 31 , 2002 ( in thousands ) : .
||2002|2001|2000|
|tenant improvements|$ 28011|$ 18416|$ 31955|
|leasing costs|17975|13845|17530|
|building improvements|13373|10873|6804|
|totals|$ 59359|$ 43134|$ 56289|
.
Question: in 2002 what was the percent of the company total future amortization and maturities of indebtedness associated with leasing costs
Answer:
|
0.30282
|
in 2002 what was the percent of the company total future amortization and maturities of indebtedness associated with leasing costs
|
{
"options": {
"A": "0.30282%",
"B": "0.30282",
"C": "30.282%",
"D": "30.282"
},
"goldenKey": "A"
}
|
{
"A": "0.30282%",
"B": "0.30282",
"C": "30.282%",
"D": "30.282"
}
|
A
|
finqa728
|
Please answer the given financial question based on the context.
Context: the company expects to amortize $ 1.7 million of actuarial loss from accumulated other comprehensive income ( loss ) into net periodic benefit costs in 2011 . at december 31 , 2010 , anticipated benefit payments from the plan in future years are as follows: .
|( in millions )|year|
|2011|$ 7.2|
|2012|8.2|
|2013|8.6|
|2014|9.5|
|2015|10.0|
|2016-2020|62.8|
savings plans . cme maintains a defined contribution savings plan pursuant to section 401 ( k ) of the internal revenue code , whereby all u.s . employees are participants and have the option to contribute to this plan . cme matches employee contributions up to 3% ( 3 % ) of the employee 2019s base salary and may make additional discretionary contributions of up to 2% ( 2 % ) of base salary . in addition , certain cme london-based employees are eligible to participate in a defined contribution plan . for cme london-based employees , the plan provides for company contributions of 10% ( 10 % ) of earnings and does not have any vesting requirements . salary and cash bonuses paid are included in the definition of earnings . aggregate expense for all of the defined contribution savings plans amounted to $ 6.3 million , $ 5.2 million and $ 5.8 million in 2010 , 2009 and 2008 , respectively . cme non-qualified plans . cme maintains non-qualified plans , under which participants may make assumed investment choices with respect to amounts contributed on their behalf . although not required to do so , cme invests such contributions in assets that mirror the assumed investment choices . the balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 28.8 million and $ 23.4 million at december 31 , 2010 and 2009 , respectively . although the value of the plans is recorded as an asset in the consolidated balance sheets , there is an equal and offsetting liability . the investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense . supplemental savings plan 2014cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan . all cme employees hired prior to january 1 , 2007 are immediately vested in their supplemental plan benefits . all cme employees hired on or after january 1 , 2007 are subject to the vesting requirements of the underlying qualified plans . total expense for the supplemental plan was $ 0.9 million , $ 0.7 million and $ 1.3 million for 2010 , 2009 and 2008 , respectively . deferred compensation plan 2014a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution . nymexmembers 2019 retirement plan and benefits . nymex maintained a retirement and benefit plan under the commodities exchange , inc . ( comex ) members 2019 recognition and retention plan ( mrrp ) . this plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 . no new participants were permitted into the plan after the date of this acquisition . under the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.4 million until it is fully funded . all benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits . total contributions to the plan were $ 0.8 million for each of 2010 , 2009 and for the period august 23 through december 31 , 2008 . at december 31 , 2010 and 2009 , the total obligation for the mrrp totaled $ 20.7 million and $ 20.5 million .
Question: what was the sum of total expense for the supplemental plan from 2008 to 2010
Answer:
|
2.9
|
what was the sum of total expense for the supplemental plan from 2008 to 2010
|
{
"options": {
"A": "1.9",
"B": "2.4",
"C": "2.9",
"D": "3.4"
},
"goldenKey": "C"
}
|
{
"A": "1.9",
"B": "2.4",
"C": "2.9",
"D": "3.4"
}
|
C
|
finqa730
|
Please answer the given financial question based on the context.
Context: russia and europe . average sales price realizations for uncoated freesheet paper decreased in both europe and russia , reflecting weak economic conditions and soft market demand . in russia , sales prices in rubles increased , but this improvement is masked by the impact of the currency depreciation against the u.s . dollar . input costs were significantly higher for wood in both europe and russia , partially offset by lower chemical costs . planned maintenance downtime costs were $ 11 million lower in 2014 than in 2013 . manufacturing and other operating costs were favorable . entering 2015 , sales volumes in the first quarter are expected to be seasonally weaker in russia , and about flat in europe . average sales price realizations for uncoated freesheet paper are expected to remain steady in europe , but increase in russia . input costs should be lower for oil and wood , partially offset by higher chemicals costs . indian papers net sales were $ 178 million in 2014 , $ 185 million ( $ 174 million excluding excise duties which were included in net sales in 2013 and prior periods ) in 2013 and $ 185 million ( $ 178 million excluding excise duties ) in 2012 . operating profits were $ 8 million ( a loss of $ 12 million excluding a gain related to the resolution of a legal contingency ) in 2014 , a loss of $ 145 million ( a loss of $ 22 million excluding goodwill and trade name impairment charges ) in 2013 and a loss of $ 16 million in 2012 . average sales price realizations improved in 2014 compared with 2013 due to the impact of price increases implemented in 2013 . sales volumes were flat , reflecting weak economic conditions . input costs were higher , primarily for wood . operating costs and planned maintenance downtime costs were lower in 2014 . looking ahead to the first quarter of 2015 , sales volumes are expected to be seasonally higher . average sales price realizations are expected to decrease due to competitive pressures . asian printing papers net sales were $ 59 million in 2014 , $ 90 million in 2013 and $ 85 million in 2012 . operating profits were $ 0 million in 2014 and $ 1 million in both 2013 and 2012 . u.s . pulp net sales were $ 895 million in 2014 compared with $ 815 million in 2013 and $ 725 million in 2012 . operating profits were $ 57 million in 2014 compared with $ 2 million in 2013 and a loss of $ 59 million in 2012 . sales volumes in 2014 increased from 2013 for both fluff pulp and market pulp reflecting improved market demand . average sales price realizations increased significantly for fluff pulp , while prices for market pulp were also higher . input costs for wood and energy were higher . operating costs were lower , but planned maintenance downtime costs were $ 1 million higher . compared with the fourth quarter of 2014 , sales volumes in the first quarter of 2015 , are expected to decrease for market pulp , but be slightly higher for fluff pulp . average sales price realizations are expected to to be stable for fluff pulp and softwood market pulp , while hardwood market pulp prices are expected to improve . input costs should be flat . planned maintenance downtime costs should be about $ 13 million higher than in the fourth quarter of 2014 . consumer packaging demand and pricing for consumer packaging products correlate closely with consumer spending and general economic activity . in addition to prices and volumes , major factors affecting the profitability of consumer packaging are raw material and energy costs , freight costs , manufacturing efficiency and product mix . consumer packaging net sales in 2014 decreased 1% ( 1 % ) from 2013 , but increased 7% ( 7 % ) from 2012 . operating profits increased 11% ( 11 % ) from 2013 , but decreased 34% ( 34 % ) from 2012 . excluding sheet plant closure costs , costs associated with the permanent shutdown of a paper machine at our augusta , georgia mill and costs related to the sale of the shorewood business , 2014 operating profits were 11% ( 11 % ) lower than in 2013 , and 30% ( 30 % ) lower than in 2012 . benefits from higher average sales price realizations and a favorable mix ( $ 60 million ) were offset by lower sales volumes ( $ 11 million ) , higher operating costs ( $ 9 million ) , higher planned maintenance downtime costs ( $ 12 million ) , higher input costs ( $ 43 million ) and higher other costs ( $ 7 million ) . in addition , operating profits in 2014 include $ 8 million of costs associated with sheet plant closures , while operating profits in 2013 include costs of $ 45 million related to the permanent shutdown of a paper machine at our augusta , georgia mill and $ 2 million of costs associated with the sale of the shorewood business . consumer packaging .
|in millions|2014|2013|2012|
|sales|$ 3403|$ 3435|$ 3170|
|operating profit|178|161|268|
north american consumer packaging net sales were $ 2.0 billion in 2014 compared with $ 2.0 billion in 2013 and $ 2.0 billion in 2012 . operating profits were $ 92 million ( $ 100 million excluding sheet plant closure costs ) in 2014 compared with $ 63 million ( $ 110 million excluding paper machine shutdown costs and costs related to the sale of the shorewood business ) in 2013 and $ 165 million ( $ 162 million excluding a gain associated with the sale of the shorewood business in 2012 ) . coated paperboard sales volumes in 2014 were lower than in 2013 reflecting weaker market demand . the business took about 41000 tons of market-related downtime in 2014 compared with about 24000 tons in 2013 . average sales price realizations increased year- .
Question: what percentage where north american consumer packaging net sales of consumer packaging sales in 2014?
Answer:
|
0.58772
|
what percentage where north american consumer packaging net sales of consumer packaging sales in 2014?
|
{
"options": {
"A": "58.772%",
"B": "5.8772%",
"C": "0.58772%",
"D": "0.058772%"
},
"goldenKey": "C"
}
|
{
"A": "58.772%",
"B": "5.8772%",
"C": "0.58772%",
"D": "0.058772%"
}
|
C
|
finqa731
|
Please answer the given financial question based on the context.
Context: 112 / sl green realty corp . 2017 annual report 20 . commitments and contingencies legal proceedings as of december a031 , 2017 , the company and the operating partnership were not involved in any material litigation nor , to management 2019s knowledge , was any material litigation threat- ened against us or our portfolio which if adversely determined could have a material adverse impact on us . environmental matters our management believes that the properties are in compliance in all material respects with applicable federal , state and local ordinances and regulations regarding environmental issues . management is not aware of any environmental liability that it believes would have a materially adverse impact on our financial position , results of operations or cash flows . management is unaware of any instances in which it would incur significant envi- ronmental cost if any of our properties were sold . employment agreements we have entered into employment agreements with certain exec- utives , which expire between december a02018 and february a02020 . the minimum cash-based compensation , including base sal- ary and guaranteed bonus payments , associated with these employment agreements total $ 5.4 a0million for 2018 . in addition these employment agreements provide for deferred compen- sation awards based on our stock price and which were valued at $ 1.6 a0million on the grant date . the value of these awards may change based on fluctuations in our stock price . insurance we maintain 201call-risk 201d property and rental value coverage ( includ- ing coverage regarding the perils of flood , earthquake and terrorism , excluding nuclear , biological , chemical , and radiological terrorism ( 201cnbcr 201d ) ) , within three property insurance programs and liability insurance . separate property and liability coverage may be purchased on a stand-alone basis for certain assets , such as the development of one vanderbilt . additionally , our captive insurance company , belmont insurance company , or belmont , pro- vides coverage for nbcr terrorist acts above a specified trigger , although if belmont is required to pay a claim under our insur- ance policies , we would ultimately record the loss to the extent of belmont 2019s required payment . however , there is no assurance that in the future we will be able to procure coverage at a reasonable cost . further , if we experience losses that are uninsured or that exceed policy limits , we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those plan trustees adopted a rehabilitation plan consistent with this requirement . no surcharges have been paid to the pension plan as of december a031 , 2017 . for the pension plan years ended june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 257.8 a0million , $ 249.5 a0million , and $ 221.9 a0million . our contributions to the pension plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . the health plan was established under the terms of collective bargaining agreements between the union , the realty advisory board on labor relations , inc . and certain other employees . the health plan provides health and other benefits to eligible participants employed in the building service industry who are covered under collective bargaining agreements , or other writ- ten agreements , with the union . the health plan is administered by a board of trustees with equal representation by the employ- ers and the union and operates under employer identification number a013-2928869 . the health plan receives contributions in accordance with collective bargaining agreements or participa- tion agreements . generally , these agreements provide that the employers contribute to the health plan at a fixed rate on behalf of each covered employee . for the health plan years ended , june a030 , 2017 , 2016 , and 2015 , the plan received contributions from employers totaling $ 1.3 a0billion , $ 1.2 a0billion and $ 1.1 a0billion , respectively . our contributions to the health plan represent less than 5.0% ( 5.0 % ) of total contributions to the plan . contributions we made to the multi-employer plans for the years ended december a031 , 2017 , 2016 and 2015 are included in the table below ( in thousands ) : .
|benefit plan|2017|2016|2015|
|pension plan|$ 3856|$ 3979|$ 2732|
|health plan|11426|11530|8736|
|other plans|1463|1583|5716|
|total plan contributions|$ 16745|$ 17092|$ 17184|
401 ( k ) plan in august a01997 , we implemented a 401 ( k ) a0savings/retirement plan , or the 401 ( k ) a0plan , to cover eligible employees of ours , and any designated affiliate . the 401 ( k ) a0plan permits eligible employees to defer up to 15% ( 15 % ) of their annual compensation , subject to certain limitations imposed by the code . the employees 2019 elective deferrals are immediately vested and non-forfeitable upon contribution to the 401 ( k ) a0plan . during a02003 , we amended our 401 ( k ) a0plan to pro- vide for discretionary matching contributions only . for 2017 , 2016 and 2015 , a matching contribution equal to 50% ( 50 % ) of the first 6% ( 6 % ) of annual compensation was made . for the year ended december a031 , 2017 , we made a matching contribution of $ 728782 . for the years ended december a031 , 2016 and 2015 , we made matching contribu- tions of $ 566000 and $ 550000 , respectively. .
Question: in 2017 what was the percent of the total plan contributions we made to the multi-employer plans that was for pension
Answer:
|
0.23028
|
in 2017 what was the percent of the total plan contributions we made to the multi-employer plans that was for pension
|
{
"options": {
"A": "0.23028",
"B": "0.22896",
"C": "0.23154",
"D": "0.22972"
},
"goldenKey": "A"
}
|
{
"A": "0.23028",
"B": "0.22896",
"C": "0.23154",
"D": "0.22972"
}
|
A
|
finqa732
|
Please answer the given financial question based on the context.
Context: we recorded liabilities for certain litigation settlements in prior periods . total liabilities for litigation settlements changed from december 31 , 2006 , as follows : ( in millions ) .
|balance as of december 31 2006|$ 477|
|provision for litigation settlements ( note 20 )|3|
|interest accretion on u.s . merchant lawsuit|38|
|payments|-114 ( 114 )|
|balance as of december 31 2007|$ 404|
|provision for discover settlement|863|
|provision for american express settlement|1649|
|provision for other litigation settlements|6|
|interest accretion on u.s . merchant lawsuit|33|
|interest accretion on american express settlement|44|
|payments on american express settlement|-300 ( 300 )|
|payments on discover settlement|-863 ( 863 )|
|payment on u.s . merchant lawsuit|-100 ( 100 )|
|other payments and accretion|-1 ( 1 )|
|balance as of december 31 2008|$ 1736|
* note that table may not sum due to rounding . contribution expense 2014foundation in may 2006 , in conjunction with our initial public offering ( 201cipo 201d ) , we issued 13496933 shares of our class a common stock as a donation to the foundation that is incorporated in canada and controlled by directors who are independent of us and our customers . the foundation builds on mastercard 2019s existing charitable giving commitments by continuing to support programs and initiatives that help children and youth to access education , understand and utilize technology , and develop the skills necessary to succeed in a diverse and global work force . the vision of the foundation is to make the economy work for everybody by advancing innovative programs in areas of microfinance and youth education . in connection with the donation of the class a common stock , we recorded an expense of $ 395 million which was equal to the aggregate value of the shares we donated . in both 2007 and 2006 , we recorded expenses of $ 20 million for cash donations we made to the foundation , completing our intention , announced at the time of the ipo , to donate approximately $ 40 million in cash to the foundation in support of its operating expenses and charitable disbursements for the first four years of its operations . we may make additional cash contributions to the foundation in the future . the cash and stock donations to the foundation are generally not deductible by mastercard for tax purposes . as a result of this difference between the financial statement and tax treatments of the donations , our effective income tax rate for the year ended december 31 , 2006 is significantly higher than our effective income tax rates for 2007 and 2008 . depreciation and amortization depreciation and amortization expenses increased $ 14 million in 2008 and decreased $ 2 million in 2007 . the increase in depreciation and amortization expense in 2008 is primarily due to increased investments in leasehold and building improvements , data center equipment and capitalized software . the decrease in depreciation and amortization expense in 2007 was primarily related to certain assets becoming fully depreciated . depreciation and amortization will increase as we continue to invest in leasehold and building improvements , data center equipment and capitalized software. .
Question: what is the net change in the balance of total liabilities for litigation settlements during 2007?
Answer:
|
-73.0
|
what is the net change in the balance of total liabilities for litigation settlements during 2007?
|
{
"options": {
"A": "-73.0",
"B": "73.0",
"C": "404.0",
"D": "-404.0"
},
"goldenKey": "A"
}
|
{
"A": "-73.0",
"B": "73.0",
"C": "404.0",
"D": "-404.0"
}
|
A
|
finqa733
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis institutional client services our institutional client services segment is comprised of : fixed income , currency and commodities client execution . includes client execution activities related to making markets in interest rate products , credit products , mortgages , currencies and commodities . 2030 interest rate products . government bonds , money market instruments such as commercial paper , treasury bills , repurchase agreements and other highly liquid securities and instruments , as well as interest rate swaps , options and other derivatives . 2030 credit products . investment-grade corporate securities , high-yield securities , credit derivatives , bank and bridge loans , municipal securities , emerging market and distressed debt , and trade claims . 2030 mortgages . commercial mortgage-related securities , loans and derivatives , residential mortgage-related securities , loans and derivatives ( including u.s . government agency-issued collateralized mortgage obligations , other prime , subprime and alt-a securities and loans ) , and other asset-backed securities , loans and derivatives . 2030 currencies . most currencies , including growth-market currencies . 2030 commodities . crude oil and petroleum products , natural gas , base , precious and other metals , electricity , coal , agricultural and other commodity products . equities . includes client execution activities related to making markets in equity products and commissions and fees from executing and clearing institutional client transactions on major stock , options and futures exchanges worldwide , as well as otc transactions . equities also includes our securities services business , which provides financing , securities lending and other prime brokerage services to institutional clients , including hedge funds , mutual funds , pension funds and foundations , and generates revenues primarily in the form of interest rate spreads or fees . the table below presents the operating results of our institutional client services segment. .
|$ in millions|year ended december 2014|year ended december 2013|year ended december 2012|
|fixed income currency and commodities client execution|$ 8461|$ 8651|$ 9914|
|equities client execution1|2079|2594|3171|
|commissions and fees|3153|3103|3053|
|securities services|1504|1373|1986|
|total equities|6736|7070|8210|
|total net revenues|15197|15721|18124|
|operating expenses|10880|11792|12490|
|pre-tax earnings|$ 4317|$ 3929|$ 5634|
1 . net revenues related to the americas reinsurance business were $ 317 million for 2013 and $ 1.08 billion for 2012 . in april 2013 , we completed the sale of a majority stake in our americas reinsurance business and no longer consolidate this business . 42 goldman sachs 2014 annual report .
Question: what was the percentage change in pre-tax earnings for the institutional client services segment between 2013 and 2014?
Answer:
|
0.09875
|
what was the percentage change in pre-tax earnings for the institutional client services segment between 2013 and 2014?
|
{
"options": {
"A": "0.09875",
"B": "0.098",
"C": "0.9875",
"D": "0.987"
},
"goldenKey": "A"
}
|
{
"A": "0.09875",
"B": "0.098",
"C": "0.9875",
"D": "0.987"
}
|
A
|
finqa734
|
Please answer the given financial question based on the context.
Context: international networks international networks generated revenues of $ 3.0 billion and adjusted oibda of $ 848 million during 2016 , which represented 47% ( 47 % ) and 35% ( 35 % ) of our total consolidated revenues and adjusted oibda , respectively . our international networks segment principally consists of national and pan-regional television networks and brands that are delivered across multiple distribution platforms . this segment generates revenue from operations in virtually every pay-tv market in the world through an infrastructure that includes operational centers in london , warsaw , milan , singapore and miami . global brands include discovery channel , animal planet , tlc , id , science channel and turbo ( known as velocity in the u.s. ) , along with brands exclusive to international networks , including eurosport , real time , dmax and discovery kids . as of december 31 , 2016 , international networks operated over 400 unique distribution feeds in over 40 languages with channel feeds customized according to language needs and advertising sales opportunities . international networks also has fta and broadcast networks in europe and the middle east and broadcast networks in germany , norway and sweden , and continues to pursue further international expansion . fta networks generate a significant portion of international networks' revenue . the penetration and growth rates of television services vary across countries and territories depending on numerous factors including the dominance of different television platforms in local markets . while pay-tv services have greater penetration in certain markets , fta or broadcast television is dominant in others . international networks has a large international distribution platform for its 37 networks , with as many as 13 networks distributed in any particular country or territory across the more than 220 countries and territories around the world . international networks pursues distribution across all television platforms based on the specific dynamics of local markets and relevant commercial agreements . in addition to the global networks described in the overview section above , we operate networks internationally that utilize the following brands : 2022 eurosport is the leading sports entertainment provider across europe with the following tv brands : eurosport , eurosport 2 and eurosportnews , reaching viewers across europe and asia , as well as eurosport digital , which includes eurosport player and eurosport.com . 2022 viewing subscribers reached by each brand as of december 31 , 2016 were as follows : eurosport : 133 million ; eurosport 2 : 65 million ; and eurosportnews : 9 million . 2022 eurosport telecasts live sporting events with both local and pan-regional appeal and its events focus on winter sports , cycling and tennis , including the tour de france and it is the home of grand slam tennis with all four tournaments . important local sports rights include bundesliga and motogp . in addition , eurosport has increasingly invested in more exclusive and localized rights to drive local audience and commercial relevance . 2022 we have acquired the exclusive broadcast rights across all media platforms throughout europe for the four olympic games between 2018 and 2024 for 20ac1.3 billion ( $ 1.5 billion as of december 31 , 2016 ) . the broadcast rights exclude france for the olympic games in 2018 and 2020 , and exclude russia . in addition to fta broadcasts for the olympic games , many of these events are set to air on eurosport's pay-tv and digital platforms . 2022 on november 2 , 2016 , we announced a long-term agreement and joint venture partnership with bamtech ( "mlbam" ) a technology services and video streaming company , and subsidiary of major league baseball's digital business , that includes the formation of bamtech europe , a joint venture that will provide digital technology services to a broad set of both sports and entertainment clients across europe . 2022 as of december 31 , 2016 , dmax reached approximately 103 million viewers through fta networks , according to internal estimates . 2022 dmax is a men 2019s factual entertainment channel in asia and europe . 2022 discovery kids reached approximately 121 million viewers , according to internal estimates , as of december 31 , 2016 . 2022 discovery kids is a leading children's network in latin america and asia . our international networks segment also owns and operates the following regional television networks , which reached the following number of subscribers and viewers via pay and fta or broadcast networks , respectively , as of december 31 , 2016 : television service international subscribers/viewers ( millions ) .
||television service|internationalsubscribers/viewers ( millions )|
|quest|fta|77|
|nordic broadcast networks ( a )|broadcast|35|
|giallo|fta|25|
|frisbee|fta|25|
|focus|fta|25|
|k2|fta|25|
|deejay tv|fta|25|
|discovery hd world|pay|24|
|shed|pay|12|
|discovery history|pay|10|
|discovery world|pay|6|
|discovery en espanol ( u.s. )|pay|6|
|discovery familia ( u.s. )|pay|6|
( a ) number of subscribers corresponds to the sum of the subscribers to each of the nordic broadcast networks in sweden , norway , finland and denmark subject to retransmission agreements with pay-tv providers . the nordic broadcast networks include kanal 5 , kanal 9 , and kanal 11 in sweden , tv norge , max , fem and vox in norway , tv 5 , kutonen , and frii in finland , and kanal 4 , kanal 5 , 6'eren , and canal 9 in denmark . similar to u.s . networks , a significant source of revenue for international networks relates to fees charged to operators who distribute our linear networks . such operators primarily include cable and dth satellite service providers . international television markets vary in their stages of development . some markets , such as the u.k. , are more advanced digital television markets , while others remain in the analog environment with varying degrees of investment from operators to expand channel capacity or convert to digital technologies . common practice in some markets results in long-term contractual distribution relationships , while customers in other markets renew contracts annually . distribution revenue for our international networks segment is largely dependent on the number of subscribers that receive our networks or content , the rates negotiated in the distributor agreements , and the market demand for the content that we provide . the other significant source of revenue for international networks relates to advertising sold on our television networks and across distribution platforms , similar to u.s . networks . advertising revenue is dependent upon a number of factors , including the development of pay and fta television markets , the number of subscribers to and viewers of our channels , viewership demographics , the popularity of our programming , and our ability to sell commercial time over a portfolio of channels on multiple platforms . in certain markets , our advertising sales business operates with in-house sales teams , while we rely on external sales representation services in other markets . in developing television markets , advertising revenue growth results from continued subscriber growth , our localization strategy , and the shift of advertising spending from traditional broadcast networks to channels .
Question: what percentage of eurosport viewing subscribers reached were due to eurosport 2 network?
Answer:
|
0.31401
|
what percentage of eurosport viewing subscribers reached were due to eurosport 2 network?
|
{
"options": {
"A": "0.133",
"B": "0.314",
"C": "0.650",
"D": "0.900"
},
"goldenKey": "B"
}
|
{
"A": "0.133",
"B": "0.314",
"C": "0.650",
"D": "0.900"
}
|
B
|
finqa735
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements ( continued ) note 3 2014financial instruments ( continued ) accounts receivable trade receivables the company distributes its products through third-party distributors and resellers and directly to certain education , consumer , and commercial customers . the company generally does not require collateral from its customers ; however , the company will require collateral in certain instances to limit credit risk . in addition , when possible , the company does attempt to limit credit risk on trade receivables with credit insurance for certain customers in latin america , europe , asia , and australia and by arranging with third- party financing companies to provide flooring arrangements and other loan and lease programs to the company 2019s direct customers . these credit-financing arrangements are directly between the third-party financing company and the end customer . as such , the company generally does not assume any recourse or credit risk sharing related to any of these arrangements . however , considerable trade receivables that are not covered by collateral , third-party flooring arrangements , or credit insurance are outstanding with the company 2019s distribution and retail channel partners . no customer accounted for more than 10% ( 10 % ) of trade receivables as of september 30 , 2006 or september 24 , 2005 . the following table summarizes the activity in the allowance for doubtful accounts ( in millions ) : september 30 , september 24 , september 25 .
||september 30 2006|september 24 2005|september 25 2004|
|beginning allowance balance|$ 46|$ 47|$ 49|
|charged to costs and expenses|17|8|3|
|deductions ( a )|-11 ( 11 )|-9 ( 9 )|-5 ( 5 )|
|ending allowance balance|$ 52|$ 46|$ 47|
( a ) represents amounts written off against the allowance , net of recoveries . vendor non-trade receivables the company has non-trade receivables from certain of its manufacturing vendors resulting from the sale of raw material components to these manufacturing vendors who manufacture sub-assemblies or assemble final products for the company . the company purchases these raw material components directly from suppliers . these non-trade receivables , which are included in the consolidated balance sheets in other current assets , totaled $ 1.6 billion and $ 417 million as of september 30 , 2006 and september 24 , 2005 , respectively . the company does not reflect the sale of these components in net sales and does not recognize any profits on these sales until the products are sold through to the end customer at which time the profit is recognized as a reduction of cost of sales . derivative financial instruments the company uses derivatives to partially offset its business exposure to foreign exchange risk . foreign currency forward and option contracts are used to offset the foreign exchange risk on certain existing assets and liabilities and to hedge the foreign exchange risk on expected future cash flows on certain forecasted revenue and cost of sales . from time to time , the company enters into interest rate derivative agreements to modify the interest rate profile of certain investments and debt . the company 2019s accounting policies for these instruments are based on whether the instruments are designated as hedge or non-hedge instruments . the company records all derivatives on the balance sheet at fair value. .
Question: what was the greatest beginning allowance balance , in millions?
Answer:
|
49.0
|
what was the greatest beginning allowance balance , in millions?
|
{
"options": {
"A": "46.0",
"B": "47.0",
"C": "49.0",
"D": "52.0"
},
"goldenKey": "C"
}
|
{
"A": "46.0",
"B": "47.0",
"C": "49.0",
"D": "52.0"
}
|
C
|
finqa736
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements 7 . dispositions outside-operated norwegian properties 2013 on october 31 , 2008 , we closed the sale of our norwegian outside-operated properties and undeveloped offshore acreage in the heimdal area of the norwegian north sea for net proceeds of $ 301 million , with a pretax gain of $ 254 million as of december 31 , 2008 . pilot travel centers 2013 on october 8 , 2008 , we completed the sale of our 50 percent ownership interest in ptc . sale proceeds were $ 625 million , with a pretax gain on the sale of $ 126 million . immediately preceding the sale , we received a $ 75 million partial redemption of our ownership interest from ptc that was accounted for as a return of investment . operated irish properties 2013 on december 17 , 2008 , we agreed to sell our operated properties located in ireland for proceeds of $ 180 million , before post-closing adjustments and cash on hand at closing . closing is subject to completion of the necessary administrative processes . as of december 31 , 2008 , operating assets and liabilities were classified as held for sale , as disclosed by major class in the following table : ( in millions ) 2008 .
|( in millions )|2008|
|current assets|$ 164|
|noncurrent assets|103|
|total assets|267|
|current liabilities|62|
|noncurrent liabilities|199|
|total liabilities|261|
|net assets held for sale|$ 6|
8 . discontinued operations on june 2 , 2006 , we sold our russian oil exploration and production businesses in the khanty-mansiysk region of western siberia . under the terms of the agreement , we received $ 787 million for these businesses , plus preliminary working capital and other closing adjustments of $ 56 million , for a total transaction value of $ 843 million . proceeds net of transaction costs and cash held by the russian businesses at the transaction date totaled $ 832 million . a gain on the sale of $ 243 million ( $ 342 million before income taxes ) was reported in discontinued operations for 2006 . income taxes on this gain were reduced by the utilization of a capital loss carryforward . exploration and production segment goodwill of $ 21 million was allocated to the russian assets and reduced the reported gain . adjustments to the sales price were completed in 2007 and an additional gain on the sale of $ 8 million ( $ 13 million before income taxes ) was recognized . the activities of the russian businesses have been reported as discontinued operations in the consolidated statements of income and the consolidated statements of cash flows for 2006 . revenues applicable to discontinued operations were $ 173 million and pretax income from discontinued operations was $ 45 million for 2006. .
Question: what is working capital for 2008?
Answer:
|
102.0
|
what is working capital for 2008?
|
{
"options": {
"A": "62.0",
"B": "103.0",
"C": "164.0",
"D": "102.0"
},
"goldenKey": "D"
}
|
{
"A": "62.0",
"B": "103.0",
"C": "164.0",
"D": "102.0"
}
|
D
|
finqa739
|
Please answer the given financial question based on the context.
Context: synopsys , inc . notes to consolidated financial statements 2014 ( continued ) and other electronic applications markets . the company believes the acquisition will expand its technology portfolio , channel reach and total addressable market by adding complementary products and expertise for fpga solutions and rapid asic prototyping . purchase price . synopsys paid $ 8.00 per share for all outstanding shares including certain vested options of synplicity for an aggregate cash payment of $ 223.3 million . additionally , synopsys assumed certain employee stock options and restricted stock units , collectively called 201cstock awards . 201d the total purchase consideration consisted of: .
||( in thousands )|
|cash paid net of cash acquired|$ 180618|
|fair value of assumed vested or earned stock awards|4169|
|acquisition related costs|8016|
|total purchase price consideration|$ 192803|
acquisition related costs consist primarily of professional services , severance and employee related costs and facilities closure costs of which $ 6.8 million have been paid as of october 31 , 2009 . fair value of stock awards assumed . an aggregate of 4.7 million shares of synplicity stock options and restricted stock units were exchanged for synopsys stock options and restricted stock units at an exchange ratio of 0.3392 per share . the fair value of stock options assumed was determined using a black-scholes valuation model . the fair value of stock awards vested or earned of $ 4.2 million was included as part of the purchase price . the fair value of unvested awards of $ 5.0 million will be recorded as operating expense over the remaining service periods on a straight-line basis . purchase price allocation . the company allocated $ 80.0 million of the purchase price to identifiable intangible assets to be amortized over two to seven years . in-process research and development expense related to these acquisitions was $ 4.8 million . goodwill , representing the excess of the purchase price over the fair value of tangible and identifiable intangible assets acquired , was $ 120.3 million and will not be amortized . goodwill primarily resulted from the company 2019s expectation of cost synergies and sales growth from the integration of synplicity 2019s technology with the company 2019s technology and operations to provide an expansion of products and market reach . fiscal 2007 acquisitions during fiscal year 2007 , the company completed certain purchase acquisitions for cash . the company allocated the total purchase considerations of $ 54.8 million ( which included acquisition related costs of $ 1.4 million ) to the assets and liabilities acquired , including identifiable intangible assets , based on their respective fair values at the acquisition dates , resulting in aggregate goodwill of $ 36.6 million . acquired identifiable intangible assets of $ 14.3 million are being amortized over two to nine years . in-process research and development expense related to these acquisitions was $ 3.2 million. .
Question: what percentage of the total purchase price consideration was identifiable intangible assets?
Answer:
|
0.41493
|
what percentage of the total purchase price consideration was identifiable intangible assets?
|
{
"options": {
"A": "41.493%",
"B": "4.1493%",
"C": "0.41493%",
"D": "0.041493%"
},
"goldenKey": "C"
}
|
{
"A": "41.493%",
"B": "4.1493%",
"C": "0.41493%",
"D": "0.041493%"
}
|
C
|
finqa741
|
Please answer the given financial question based on the context.
Context: part ii on november 1 , 2011 , we entered into a committed credit facility agreement with a syndicate of banks which provides for up to $ 1 billion of borrowings with the option to increase borrowings to $ 1.5 billion with lender approval . following an extension agreement on september 17 , 2013 between the company and the syndicate of banks , the facility matures november 1 , 2017 , with a one-year extension option exercisable through october 31 , 2014 . no amounts were outstanding under this facility as of may 31 , 2014 or 2013 . we currently have long-term debt ratings of aa- and a1 from standard and poor 2019s corporation and moody 2019s investor services , respectively . if our long- term debt rating were to decline , the facility fee and interest rate under our committed credit facility would increase . conversely , if our long-term debt rating were to improve , the facility fee and interest rate would decrease . changes in our long-term debt rating would not trigger acceleration of maturity of any then-outstanding borrowings or any future borrowings under the committed credit facility . under this committed revolving credit facility , we have agreed to various covenants . these covenants include limits on our disposal of fixed assets , the amount of debt secured by liens we may incur , as well as a minimum capitalization ratio . in the event we were to have any borrowings outstanding under this facility and failed to meet any covenant , and were unable to obtain a waiver from a majority of the banks in the syndicate , any borrowings would become immediately due and payable . as of may 31 , 2014 , we were in full compliance with each of these covenants and believe it is unlikely we will fail to meet any of these covenants in the foreseeable future . liquidity is also provided by our $ 1 billion commercial paper program . during the year ended may 31 , 2014 , we did not issue commercial paper , and as of may 31 , 2014 , there were no outstanding borrowings under this program . we may continue to issue commercial paper or other debt securities during fiscal 2015 depending on general corporate needs . we currently have short-term debt ratings of a1+ and p1 from standard and poor 2019s corporation and moody 2019s investor services , respectively . as of may 31 , 2014 , we had cash , cash equivalents , and short-term investments totaling $ 5.1 billion , of which $ 2.5 billion was held by our foreign subsidiaries . cash equivalents and short-term investments consist primarily of deposits held at major banks , money market funds , commercial paper , corporate notes , u.s . treasury obligations , u.s . government sponsored enterprise obligations , and other investment grade fixed income securities . our fixed income investments are exposed to both credit and interest rate risk . all of our investments are investment grade to minimize our credit risk . while individual securities have varying durations , as of may 31 , 2014 the average duration of our short-term investments and cash equivalents portfolio was 126 days . to date we have not experienced difficulty accessing the credit markets or incurred higher interest costs . future volatility in the capital markets , however , may increase costs associated with issuing commercial paper or other debt instruments or affect our ability to access those markets . we believe that existing cash , cash equivalents , short-term investments , and cash generated by operations , together with access to external sources of funds as described above , will be sufficient to meet our domestic and foreign capital needs in the foreseeable future . we utilize a variety of tax planning and financing strategies to manage our worldwide cash and deploy funds to locations where they are needed . we routinely repatriate a portion of our foreign earnings for which u.s . taxes have previously been provided . we also indefinitely reinvest a significant portion of our foreign earnings , and our current plans do not demonstrate a need to repatriate these earnings . should we require additional capital in the united states , we may elect to repatriate indefinitely reinvested foreign funds or raise capital in the united states through debt . if we were to repatriate indefinitely reinvested foreign funds , we would be required to accrue and pay additional u.s . taxes less applicable foreign tax credits . if we elect to raise capital in the united states through debt , we would incur additional interest expense . off-balance sheet arrangements in connection with various contracts and agreements , we routinely provide indemnification relating to the enforceability of intellectual property rights , coverage for legal issues that arise and other items where we are acting as the guarantor . currently , we have several such agreements in place . however , based on our historical experience and the estimated probability of future loss , we have determined that the fair value of such indemnification is not material to our financial position or results of operations . contractual obligations our significant long-term contractual obligations as of may 31 , 2014 and significant endorsement contracts entered into through the date of this report are as follows: .
|description of commitment ( in millions )|description of commitment 2015|description of commitment 2016|description of commitment 2017|description of commitment 2018|description of commitment 2019|description of commitment thereafter|total|
|operating leases|$ 427|$ 399|$ 366|$ 311|$ 251|$ 1050|$ 2804|
|capital leases|36|35|1|1|1|2014|74|
|long-term debt ( 1 )|46|145|79|56|37|1488|1851|
|endorsement contracts ( 2 )|991|787|672|524|349|1381|4704|
|product purchase obligations ( 3 )|3688|2014|2014|2014|2014|2014|3688|
|other ( 4 )|309|108|78|7|3|12|517|
|total|$ 5497|$ 1474|$ 1196|$ 899|$ 641|$ 3931|$ 13638|
( 1 ) the cash payments due for long-term debt include estimated interest payments . estimates of interest payments are based on outstanding principal amounts , applicable fixed interest rates or currently effective interest rates as of may 31 , 2014 ( if variable ) , timing of scheduled payments , and the term of the debt obligations . ( 2 ) the amounts listed for endorsement contracts represent approximate amounts of base compensation and minimum guaranteed royalty fees we are obligated to pay athlete and sport team endorsers of our products . actual payments under some contracts may be higher than the amounts listed as these contracts provide for bonuses to be paid to the endorsers based upon athletic achievements and/or royalties on product sales in future periods . actual payments under some contracts may also be lower as these contracts include provisions for reduced payments if athletic performance declines in future periods . in addition to the cash payments , we are obligated to furnish our endorsers with nike product for their use . it is not possible to determine how much we will spend on this product on an annual basis as the contracts generally do not stipulate a specific amount of cash to be spent on the product . the amount of product provided to the endorsers will depend on many factors , including general playing conditions , the number of sporting events in which they participate , and our own decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source , and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers . ( 3 ) we generally order product at least four to five months in advance of sale based primarily on futures orders received from customers . the amounts listed for product purchase obligations represent agreements ( including open purchase orders ) to purchase products in the ordinary course of business that are enforceable and legally binding and that specify all significant terms . in some cases , prices are subject to change throughout the production process . the reported amounts exclude product purchase liabilities included in accounts payable on the consolidated balance sheet as of may 31 , 2014 . ( 4 ) other amounts primarily include service and marketing commitments made in the ordinary course of business . the amounts represent the minimum payments required by legally binding contracts and agreements that specify all significant terms , including open purchase orders for non-product purchases . the reported amounts exclude those liabilities included in accounts payable or accrued liabilities on the consolidated balance sheet as of may 31 , 2014 . nike , inc . 2014 annual report and notice of annual meeting 79 .
Question: what percentage of the total for 2015 were due to to operating leases?
Answer:
|
0.07768
|
what percentage of the total for 2015 were due to to operating leases?
|
{
"options": {
"A": "7.768%",
"B": "0.7768%",
"C": "0.07768%",
"D": "0.007768%"
},
"goldenKey": "C"
}
|
{
"A": "7.768%",
"B": "0.7768%",
"C": "0.07768%",
"D": "0.007768%"
}
|
C
|
finqa742
|
Please answer the given financial question based on the context.
Context: organizational structure a key enabler of the republic way operating model is our organizational structure that fosters a high performance culture by maintaining 360-degree accountability and full profit and loss responsibility with local management , supported by a functional structure to provide subject matter expertise . this structure allows us to take advantage of our scale by coordinating functionally across all of our markets , while empowering local management to respond to unique market dynamics . our senior management evaluates , oversees and manages the financial performance of our operations through two field groups , referred to as group 1 and group 2 . group 1 primarily consists of geographic areas located in the western united states , and group 2 primarily consists of geographic areas located in the southeastern and mid-western united states , and the eastern seaboard of the united states . each field group is organized into several areas and each area contains multiple business units or operating locations . each of our field groups and all of our areas provide collection , transfer , recycling and landfill services . see note 14 , segment reporting , to our consolidated financial statements in item 8 of this form 10-k for further discussion of our operating segments . through this operating model , we have rolled out several productivity and cost control initiatives designed to deliver the best service possible to our customers in an efficient and environmentally sound way . fleet automation approximately 75% ( 75 % ) of our residential routes have been converted to automated single-driver trucks . by converting our residential routes to automated service , we reduce labor costs , improve driver productivity , decrease emissions and create a safer work environment for our employees . additionally , communities using automated vehicles have higher participation rates in recycling programs , thereby complementing our initiative to expand our recycling capabilities . fleet conversion to compressed natural gas ( cng ) approximately 20% ( 20 % ) of our fleet operates on natural gas . we expect to continue our gradual fleet conversion to cng as part of our ordinary annual fleet replacement process . we believe a gradual fleet conversion is the most prudent approach to realizing the full value of our previous fleet investments . approximately 13% ( 13 % ) of our replacement vehicle purchases during 2018 were cng vehicles . we believe using cng vehicles provides us a competitive advantage in communities with strict clean emission initiatives that focus on protecting the environment . although upfront capital costs are higher , using cng reduces our overall fleet operating costs through lower fuel expenses . as of december 31 , 2018 , we operated 37 cng fueling stations . standardized maintenance based on an industry trade publication , we operate the seventh largest vocational fleet in the united states . as of december 31 , 2018 , our average fleet age in years , by line of business , was as follows : approximate number of vehicles approximate average age .
||approximate number of vehicles|approximate average age|
|residential|7000|7.5|
|small-container|4700|7.0|
|large-container|4300|8.8|
|total|16000|7.7|
onefleet , our standardized vehicle maintenance program , enables us to use best practices for fleet management , truck care and maintenance . through standardization of core functions , we believe we can minimize variability .
Question: what is the ratio of the number of vehicles for the residential line of business to large-container
Answer:
|
1.62791
|
what is the ratio of the number of vehicles for the residential line of business to large-container
|
{
"options": {
"A": "1.62791",
"B": "0.43103",
"C": "1.16279",
"D": "0.61395"
},
"goldenKey": "A"
}
|
{
"A": "1.62791",
"B": "0.43103",
"C": "1.16279",
"D": "0.61395"
}
|
A
|
finqa743
|
Please answer the given financial question based on the context.
Context: jpmorgan chase & co./2017 annual report 39 five-year stock performance the following table and graph compare the five-year cumulative total return for jpmorgan chase & co . ( 201cjpmorgan chase 201d or the 201cfirm 201d ) common stock with the cumulative return of the s&p 500 index , the kbw bank index and the s&p financial index . the s&p 500 index is a commonly referenced equity benchmark in the united states of america ( 201cu.s . 201d ) , consisting of leading companies from different economic sectors . the kbw bank index seeks to reflect the performance of banks and thrifts that are publicly traded in the u.s . and is composed of leading national money center and regional banks and thrifts . the s&p financial index is an index of financial companies , all of which are components of the s&p 500 . the firm is a component of all three industry indices . the following table and graph assume simultaneous investments of $ 100 on december 31 , 2012 , in jpmorgan chase common stock and in each of the above indices . the comparison assumes that all dividends are reinvested . december 31 , ( in dollars ) 2012 2013 2014 2015 2016 2017 .
|december 31 ( in dollars )|2012|2013|2014|2015|2016|2017|
|jpmorgan chase|$ 100.00|$ 136.71|$ 150.22|$ 162.79|$ 219.06|$ 277.62|
|kbw bank index|100.00|137.76|150.66|151.39|194.55|230.72|
|s&p financial index|100.00|135.59|156.17|153.72|188.69|230.47|
|s&p 500 index|100.00|132.37|150.48|152.55|170.78|208.05|
december 31 , ( in dollars ) 201720162015201420132012 .
Question: based on the review of the simultaneous investments of the jpmorgan chase common stock in various indices what was the ratio of the performance of the kbw bank index to the s&p financial index
Answer:
|
0.98484
|
based on the review of the simultaneous investments of the jpmorgan chase common stock in various indices what was the ratio of the performance of the kbw bank index to the s&p financial index
|
{
"options": {
"A": "0.98484",
"B": "1.0101",
"C": "1.0322",
"D": "1.0526"
},
"goldenKey": "A"
}
|
{
"A": "0.98484",
"B": "1.0101",
"C": "1.0322",
"D": "1.0526"
}
|
A
|
finqa744
|
Please answer the given financial question based on the context.
Context: movement in exit cost liabilities the movement in exit cost liabilities for pmi was as follows : ( in millions ) .
|liability balance january 1 2014|$ 308|
|charges net|391|
|cash spent|-360 ( 360 )|
|currency/other|-69 ( 69 )|
|liability balance december 31 2014|$ 270|
|charges net|68|
|cash spent|-232 ( 232 )|
|currency/other|-52 ( 52 )|
|liability balance december 31 2015|$ 54|
cash payments related to exit costs at pmi were $ 232 million , $ 360 million and $ 21 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . future cash payments for exit costs incurred to date are expected to be approximately $ 54 million , and will be substantially paid by the end of 2017 . the pre-tax asset impairment and exit costs shown above are primarily a result of the following : the netherlands on april 4 , 2014 , pmi announced the initiation by its affiliate , philip morris holland b.v . ( 201cpmh 201d ) , of consultations with employee representatives on a proposal to discontinue cigarette production at its factory located in bergen op zoom , the netherlands . pmh reached an agreement with the trade unions and their members on a social plan and ceased cigarette production on september 1 , 2014 . during 2014 , total pre-tax asset impairment and exit costs of $ 489 million were recorded for this program in the european union segment . this amount includes employee separation costs of $ 343 million , asset impairment costs of $ 139 million and other separation costs of $ 7 million . separation program charges pmi recorded other pre-tax separation program charges of $ 68 million , $ 41 million and $ 51 million for the years ended december 31 , 2015 , 2014 and 2013 , respectively . the 2015 other pre-tax separation program charges primarily related to severance costs for the organizational restructuring in the european union segment . the 2014 other pre-tax separation program charges primarily related to severance costs for factory closures in australia and canada and the restructuring of the u.s . leaf purchasing model . the 2013 pre-tax separation program charges primarily related to the restructuring of global and regional functions based in switzerland and australia . contract termination charges during 2013 , pmi recorded exit costs of $ 258 million related to the termination of distribution agreements in eastern europe , middle east & africa ( due to a new business model in egypt ) and asia . asset impairment charges during 2014 , pmi recorded other pre-tax asset impairment charges of $ 5 million related to a factory closure in canada. .
Question: what is the change in liability balance during 2014?
Answer:
|
-38.0
|
what is the change in liability balance during 2014?
|
{
"options": {
"A": "-38.0",
"B": "68.0",
"C": "232.0",
"D": "360.0"
},
"goldenKey": "A"
}
|
{
"A": "-38.0",
"B": "68.0",
"C": "232.0",
"D": "360.0"
}
|
A
|
finqa745
|
Please answer the given financial question based on the context.
Context: simulations assume that as assets and liabilities mature , they are replaced or repriced at then current market rates . we also consider forward projections of purchase accounting accretion when forecasting net interest income . the following graph presents the libor/swap yield curves for the base rate scenario and each of the alternate scenarios one year forward . table 52 : alternate interest rate scenarios : one year forward base rates pnc economist market forward slope flattening 2y 3y 5y 10y the fourth quarter 2013 interest sensitivity analyses indicate that our consolidated balance sheet is positioned to benefit from an increase in interest rates and an upward sloping interest rate yield curve . we believe that we have the deposit funding base and balance sheet flexibility to adjust , where appropriate and permissible , to changing interest rates and market conditions . market risk management 2013 customer-related trading risk we engage in fixed income securities , derivatives and foreign exchange transactions to support our customers 2019 investing and hedging activities . these transactions , related hedges and the credit valuation adjustment ( cva ) related to our customer derivatives portfolio are marked-to-market on a daily basis and reported as customer-related trading activities . we do not engage in proprietary trading of these products . we use value-at-risk ( var ) as the primary means to measure and monitor market risk in customer-related trading activities . we calculate a diversified var at a 95% ( 95 % ) confidence interval . var is used to estimate the probability of portfolio losses based on the statistical analysis of historical market risk factors . a diversified var reflects empirical correlations across different asset classes . during 2013 , our 95% ( 95 % ) var ranged between $ 1.7 million and $ 5.5 million , averaging $ 3.5 million . during 2012 , our 95% ( 95 % ) var ranged between $ 1.1 million and $ 5.3 million , averaging $ 3.2 million . to help ensure the integrity of the models used to calculate var for each portfolio and enterprise-wide , we use a process known as backtesting . the backtesting process consists of comparing actual observations of gains or losses against the var levels that were calculated at the close of the prior day . this assumes that market exposures remain constant throughout the day and that recent historical market variability is a good predictor of future variability . our customer-related trading activity includes customer revenue and intraday hedging which helps to reduce losses , and may reduce the number of instances of actual losses exceeding the prior day var measure . there was one such instance during 2013 under our diversified var measure where actual losses exceeded the prior day var measure . in comparison , there were two such instances during 2012 . we use a 500 day look back period for backtesting and include customer-related revenue . the following graph shows a comparison of enterprise-wide gains and losses against prior day diversified var for the period indicated . table 53 : enterprise-wide gains/losses versus value-at- 12/31/12 1/31/13 2/28/13 3/31/13 4/30/13 5/31/13 6/30/13 7/31/13 8/31/13 9/30/13 10/31/13 11/30/13 12/31/13 total customer-related trading revenue was as follows : table 54 : customer-related trading revenue year ended december 31 in millions 2013 2012 .
|year ended december 31in millions|2013|2012|
|net interest income|$ 31|$ 38|
|noninterest income|286|272|
|total customer-related trading revenue|$ 317|$ 310|
|securities underwriting and trading ( a )|$ 78|$ 100|
|foreign exchange|94|92|
|financial derivatives and other|145|118|
|total customer-related trading revenue|$ 317|$ 310|
( a ) includes changes in fair value for certain loans accounted for at fair value . customer-related trading revenues for 2013 increased $ 7 million compared with 2012 . the increase primarily resulted from the impact of higher market interest rates on credit valuations for customer-related derivatives activities and improved debt underwriting results which were partially offset by reduced client sales revenue . the pnc financial services group , inc . 2013 form 10-k 93 .
Question: for 2012 and 2013 , what was average foreign exchange income in millions?
Answer:
|
93.0
|
for 2012 and 2013 , what was average foreign exchange income in millions?
|
{
"options": {
"A": "92.0",
"B": "93.0",
"C": "94.0",
"D": "95.0"
},
"goldenKey": "B"
}
|
{
"A": "92.0",
"B": "93.0",
"C": "94.0",
"D": "95.0"
}
|
B
|
finqa746
|
Please answer the given financial question based on the context.
Context: security ownership of 5% ( 5 % ) holders , directors , nominees and executive officers shares of common stock percent of common stock name of beneficial owner beneficially owned ( 1 ) outstanding .
|name of beneficial owner|shares of common stock beneficially owned ( 1 )||percent of common stock outstanding|
|fidelity investments|56583870|-2 ( 2 )|6.49% ( 6.49 % )|
|steven p . jobs|5546451||*|
|william v . campbell|112900|-3 ( 3 )|*|
|timothy d . cook|13327|-4 ( 4 )|*|
|millard s . drexler|230000|-5 ( 5 )|*|
|tony fadell|288702|-6 ( 6 )|*|
|albert a . gore jr .|70000|-7 ( 7 )|*|
|ronald b . johnson|1450620|-8 ( 8 )|*|
|arthur d . levinson|365015|-9 ( 9 )|*|
|peter oppenheimer|14873|-10 ( 10 )|*|
|eric e . schmidt|12284|-11 ( 11 )|*|
|jerome b . york|90000|-12 ( 12 )|*|
|all current executive officers and directors as a group ( 14 persons )|8352396|-13 ( 13 )|1.00% ( 1.00 % )|
all current executive officers and directors as a group ( 14 persons ) 8352396 ( 13 ) 1.00% ( 1.00 % ) ( 1 ) represents shares of the company 2019s common stock held and options held by such individuals that were exercisable at the table date or within 60 days thereafter . this does not include options or restricted stock units that vest more than 60 days after the table date . ( 2 ) based on a form 13g/a filed february 14 , 2007 by fmr corp . fmr corp . lists its address as 82 devonshire street , boston , ma 02109 , in such filing . ( 3 ) includes 110000 shares of the company 2019s common stock that mr . campbell has the right to acquire by exercise of stock options . ( 4 ) excludes 600000 unvested restricted stock units . ( 5 ) includes 40000 shares of the company 2019s common stock that mr . drexler holds indirectly and 190000 shares of the company 2019s common stock that mr . drexler has the right to acquire by exercise of stock options . ( 6 ) includes 275 shares of the company 2019s common stock that mr . fadell holds indirectly , 165875 shares of the company 2019s common stock that mr . fadell has the right to acquire by exercise of stock options within 60 days after the table date , 1157 shares of the company 2019s common stock held by mr . fadell 2019s spouse , and 117375 shares of the company 2019s common stock that mr . fadell 2019s spouse has the right to acquire by exercise of stock options within 60 days after the table date . excludes 210000 unvested restricted stock units held by mr . fadell and 40000 unvested restricted stock units held by mr . fadell 2019s spouse . ( 7 ) consists of 70000 shares of the company 2019s common stock that mr . gore has the right to acquire by exercise of stock options . ( 8 ) includes 1300000 shares of the company 2019s common stock that mr . johnson has the right to acquire by exercise of stock options and excludes 450000 unvested restricted stock units . ( 9 ) includes 2000 shares of the company 2019s common stock held by dr . levinson 2019s spouse and 110000 shares of the company 2019s common stock that dr . levinson has the right to acquire by exercise of stock options . ( 10 ) excludes 450000 unvested restricted stock units. .
Question: if rsus vest , what would be the total share ownership be for all current executive officers and directors?
Answer:
|
9462396.0
|
if rsus vest , what would be the total share ownership be for all current executive officers and directors?
|
{
"options": {
"A": "8352396",
"B": "9462396",
"C": "8352396.0",
"D": "9462396.0"
},
"goldenKey": "D"
}
|
{
"A": "8352396",
"B": "9462396",
"C": "8352396.0",
"D": "9462396.0"
}
|
D
|
finqa747
|
Please answer the given financial question based on the context.
Context: comparison of cumulative return among lkq corporation , the nasdaq stock market ( u.s. ) index and the peer group .
||12/31/2007|12/31/2008|12/31/2009|12/31/2010|12/31/2011|12/31/2012|
|lkq corporation|$ 100|$ 55|$ 93|$ 108|$ 143|$ 201|
|nasdaq stock market ( u.s. ) index|$ 100|$ 59|$ 86|$ 100|$ 98|$ 114|
|peer group|$ 100|$ 83|$ 100|$ 139|$ 187|$ 210|
this stock performance information is "furnished" and shall not be deemed to be "soliciting material" or subject to rule 14a , shall not be deemed "filed" for purposes of section 18 of the securities exchange act of 1934 or otherwise subject to the liabilities of that section , and shall not be deemed incorporated by reference in any filing under the securities act of 1933 or the securities exchange act of 1934 , whether made before or after the date of this report and irrespective of any general incorporation by reference language in any such filing , except to the extent that it specifically incorporates the information by reference . information about our common stock that may be issued under our equity compensation plans as of december 31 , 2012 included in part iii , item 12 of this annual report on form 10-k is incorporated herein by reference. .
Question: what was the percentage of cumulative return for lkq corporation for the five years ended 12/31/2012?
Answer:
|
1.01
|
what was the percentage of cumulative return for lkq corporation for the five years ended 12/31/2012?
|
{
"options": {
"A": "1.01%",
"B": "2.01%",
"C": "3.01%",
"D": "4.01%"
},
"goldenKey": "A"
}
|
{
"A": "1.01%",
"B": "2.01%",
"C": "3.01%",
"D": "4.01%"
}
|
A
|
finqa748
|
Please answer the given financial question based on the context.
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities the following table presents reported quarterly high and low per share sale prices of our class a common stock on the new york stock exchange ( nyse ) for the years 2004 and 2003. .
|2004|high|low|
|quarter ended march 31|$ 13.12|$ 9.89|
|quarter ended june 30|16.00|11.13|
|quarter ended september 30|15.85|13.10|
|quarter ended december 31|18.75|15.19|
|2003|high|low|
|quarter ended march 31|$ 5.94|$ 3.55|
|quarter ended june 30|9.90|5.41|
|quarter ended september 30|11.74|8.73|
|quarter ended december 31|12.00|9.59|
on march 18 , 2005 , the closing price of our class a common stock was $ 18.79 per share as reported on the as of march 18 , 2005 , we had 230604932 outstanding shares of class a common stock and 743 registered holders . in february 2004 , all outstanding shares of our class b common stock were converted into shares of our class a common stock on a one-for-one basis pursuant to the occurrence of the 201cdodge conversion event 201d as defined in our charter . our charter prohibits the future issuance of shares of class b common stock . also in february 2004 , all outstanding shares of class c common stock were converted into shares of class a common stock on a one-for-one basis . our charter permits the issuance of shares of class c common stock in the future . the information under 201csecurities authorized for issuance under equity compensation plans 201d from the definitive proxy statement is hereby incorporated by reference into item 12 of this annual report . dividends we have never paid a dividend on any class of common stock . we anticipate that we may retain future earnings , if any , to fund the development and growth of our business . the indentures governing our 93 20448% ( 20448 % ) senior notes due 2009 , our 7.50% ( 7.50 % ) senior notes due 2012 , and our 7.125% ( 7.125 % ) senior notes due 2012 prohibit us from paying dividends to our stockholders unless we satisfy certain financial covenants . our borrower subsidiaries are generally prohibited under the terms of the credit facility , subject to certain exceptions , from making to us any direct or indirect distribution , dividend or other payment on account of their limited liability company interests , partnership interests , capital stock or other equity interests , except that , if no default exists or would be created thereby under the credit facility , our borrower subsidiaries may pay cash dividends or make other distributions to us in accordance with the credit facility within certain specified amounts and , in addition , may pay cash dividends or make other distributions to us in respect of our outstanding indebtedness and permitted future indebtedness . the indentures governing the 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 and the 7.25% ( 7.25 % ) senior subordinated notes due 2011 of american towers , inc . ( ati ) , our principal operating subsidiary , prohibit ati and certain of our other subsidiaries that have guaranteed those notes ( sister guarantors ) from paying dividends and making other payments or distributions to us unless certain .
Question: what is the growth rate in the price of shares from the lowest value during the quarter ended december 31 , 2004 and the closing price on march 18 , 2005?
Answer:
|
0.237
|
what is the growth rate in the price of shares from the lowest value during the quarter ended december 31 , 2004 and the closing price on march 18 , 2005?
|
{
"options": {
"A": "0.237",
"B": "0.189",
"C": "0.125",
"D": "0.079"
},
"goldenKey": "A"
}
|
{
"A": "0.237",
"B": "0.189",
"C": "0.125",
"D": "0.079"
}
|
A
|
finqa749
|
Please answer the given financial question based on the context.
Context: accounts receivable , net october 31 , 2006 october 31 , 2005 dollar change change .
|october 31 2006|october 31 2005|dollar change|% ( % ) change|
|( dollars in millions )|( dollars in millions )|||
|$ 122.6|$ 100.2|$ 22.4|22% ( 22 % )|
the increase in accounts receivable was primarily due to the increased billings during the fiscal year ended october 31 , 2006 . days sales outstanding ( dso ) was 39 days at october 31 , 2006 and 36 days at october 31 , 2005 . our accounts receivable and dso are primarily driven by our billing and collections activities . net working capital working capital is comprised of current assets less current liabilities , as shown on our balance sheet . as of october 31 , 2006 , our working capital was $ 23.4 million , compared to $ 130.6 million as of october 31 , 2005 . the decrease in net working capital of $ 107.2 million was primarily due to ( 1 ) a decrease of $ 73.7 million in cash and cash equivalents ; ( 2 ) a decrease of current deferred tax assets of $ 83.2 million , primarily due to a tax accounting method change ; ( 3 ) a decrease in income taxes receivable of $ 5.8 million ; ( 4 ) an increase in income taxes payable of $ 21.5 million ; ( 5 ) an increase in deferred revenue of $ 29.9 million ; and ( 6 ) a net increase of $ 2.8 million in accounts payable and other liabilities which included a reclassification of debt of $ 7.5 million from long term to short term debt . this decrease was partially offset by ( 1 ) an increase in short-term investments of $ 59.9 million ; ( 2 ) an increase in prepaid and other assets of $ 27.4 million , which includes land of $ 23.4 million reclassified from property plant and equipment to asset held for sale within prepaid expense and other assets on our consolidated balance sheet ; and ( 3 ) an increase in accounts receivable of $ 22.4 million . other commitments 2014revolving credit facility on october 20 , 2006 , we entered into a five-year , $ 300.0 million senior unsecured revolving credit facility providing for loans to synopsys and certain of its foreign subsidiaries . the facility replaces our previous $ 250.0 million senior unsecured credit facility , which was terminated effective october 20 , 2006 . the amount of the facility may be increased by up to an additional $ 150.0 million through the fourth year of the facility . the facility contains financial covenants requiring us to maintain a minimum leverage ratio and specified levels of cash , as well as other non-financial covenants . the facility terminates on october 20 , 2011 . borrowings under the facility bear interest at the greater of the administrative agent 2019s prime rate or the federal funds rate plus 0.50% ( 0.50 % ) ; however , we have the option to pay interest based on the outstanding amount at eurodollar rates plus a spread between 0.50% ( 0.50 % ) and 0.70% ( 0.70 % ) based on a pricing grid tied to a financial covenant . in addition , commitment fees are payable on the facility at rates between 0.125% ( 0.125 % ) and 0.175% ( 0.175 % ) per year based on a pricing grid tied to a financial covenant . as of october 31 , 2006 we had no outstanding borrowings under this credit facility and were in compliance with all the covenants . we believe that our current cash , cash equivalents , short-term investments , cash generated from operations , and available credit under our credit facility will satisfy our business requirements for at least the next twelve months. .
Question: what was the change in dso between 2005 and 2006?
Answer:
|
3.0
|
what was the change in dso between 2005 and 2006?
|
{
"options": {
"A": "1.0",
"B": "2.0",
"C": "3.0",
"D": "4.0"
},
"goldenKey": "C"
}
|
{
"A": "1.0",
"B": "2.0",
"C": "3.0",
"D": "4.0"
}
|
C
|
finqa750
|
Please answer the given financial question based on the context.
Context: the company expects to amortize $ 1.7 million of actuarial loss from accumulated other comprehensive income ( loss ) into net periodic benefit costs in 2011 . at december 31 , 2010 , anticipated benefit payments from the plan in future years are as follows: .
|( in millions )|year|
|2011|$ 7.2|
|2012|8.2|
|2013|8.6|
|2014|9.5|
|2015|10.0|
|2016-2020|62.8|
savings plans . cme maintains a defined contribution savings plan pursuant to section 401 ( k ) of the internal revenue code , whereby all u.s . employees are participants and have the option to contribute to this plan . cme matches employee contributions up to 3% ( 3 % ) of the employee 2019s base salary and may make additional discretionary contributions of up to 2% ( 2 % ) of base salary . in addition , certain cme london-based employees are eligible to participate in a defined contribution plan . for cme london-based employees , the plan provides for company contributions of 10% ( 10 % ) of earnings and does not have any vesting requirements . salary and cash bonuses paid are included in the definition of earnings . aggregate expense for all of the defined contribution savings plans amounted to $ 6.3 million , $ 5.2 million and $ 5.8 million in 2010 , 2009 and 2008 , respectively . cme non-qualified plans . cme maintains non-qualified plans , under which participants may make assumed investment choices with respect to amounts contributed on their behalf . although not required to do so , cme invests such contributions in assets that mirror the assumed investment choices . the balances in these plans are subject to the claims of general creditors of the exchange and totaled $ 28.8 million and $ 23.4 million at december 31 , 2010 and 2009 , respectively . although the value of the plans is recorded as an asset in the consolidated balance sheets , there is an equal and offsetting liability . the investment results of these plans have no impact on net income as the investment results are recorded in equal amounts to both investment income and compensation and benefits expense . supplemental savings plan 2014cme maintains a supplemental plan to provide benefits for employees who have been impacted by statutory limits under the provisions of the qualified pension and savings plan . all cme employees hired prior to january 1 , 2007 are immediately vested in their supplemental plan benefits . all cme employees hired on or after january 1 , 2007 are subject to the vesting requirements of the underlying qualified plans . total expense for the supplemental plan was $ 0.9 million , $ 0.7 million and $ 1.3 million for 2010 , 2009 and 2008 , respectively . deferred compensation plan 2014a deferred compensation plan is maintained by cme , under which eligible officers and members of the board of directors may contribute a percentage of their compensation and defer income taxes thereon until the time of distribution . nymexmembers 2019 retirement plan and benefits . nymex maintained a retirement and benefit plan under the commodities exchange , inc . ( comex ) members 2019 recognition and retention plan ( mrrp ) . this plan provides benefits to certain members of the comex division based on long-term membership , and participation is limited to individuals who were comex division members prior to nymex 2019s acquisition of comex in 1994 . no new participants were permitted into the plan after the date of this acquisition . under the terms of the mrrp , the company is required to fund the plan with a minimum annual contribution of $ 0.4 million until it is fully funded . all benefits to be paid under the mrrp are based on reasonable actuarial assumptions which are based upon the amounts that are available and are expected to be available to pay benefits . total contributions to the plan were $ 0.8 million for each of 2010 , 2009 and for the period august 23 through december 31 , 2008 . at december 31 , 2010 and 2009 , the total obligation for the mrrp totaled $ 20.7 million and $ 20.5 million .
Question: at december 31 , 2010 , what was the ratio of the anticipated benefit payments from the plan in future for 2015 to 2016-2020
Answer:
|
6.28
|
at december 31 , 2010 , what was the ratio of the anticipated benefit payments from the plan in future for 2015 to 2016-2020
|
{
"options": {
"A": "0.10",
"B": "0.15",
"C": "0.20",
"D": "6.28"
},
"goldenKey": "D"
}
|
{
"A": "0.10",
"B": "0.15",
"C": "0.20",
"D": "6.28"
}
|
D
|
finqa752
|
Please answer the given financial question based on the context.
Context: liquidity and capital resources the major components of changes in cash flows for 2016 , 2015 and 2014 are discussed in the following paragraphs . the following table summarizes our cash flow from operating activities , investing activities and financing activities for the years ended december 31 , 2016 , 2015 and 2014 ( in millions of dollars ) : .
||2016|2015|2014|
|net cash provided by operating activities|$ 1847.8|$ 1679.7|$ 1529.8|
|net cash used in investing activities|-961.2 ( 961.2 )|-1482.8 ( 1482.8 )|-959.8 ( 959.8 )|
|net cash used in financing activities|-851.2 ( 851.2 )|-239.7 ( 239.7 )|-708.1 ( 708.1 )|
cash flows provided by operating activities the most significant items affecting the comparison of our operating cash flows for 2016 and 2015 are summarized below : changes in assets and liabilities , net of effects from business acquisitions and divestitures , decreased our cash flow from operations by $ 205.2 million in 2016 , compared to a decrease of $ 316.7 million in 2015 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 52.3 million during 2016 due to the timing of billings net of collections , compared to a $ 15.7 million increase in 2015 . as of december 31 , 2016 and 2015 , our days sales outstanding were 38.1 and 38.3 days , or 26.1 and 25.8 days net of deferred revenue , respectively . 2022 our accounts payable decreased $ 9.8 million during 2016 compared to an increase of $ 35.6 million during 2015 , due to the timing of payments . 2022 cash paid for capping , closure and post-closure obligations was $ 11.0 million lower during 2016 compared to 2015 . the decrease in cash paid for capping , closure , and post-closure obligations is primarily due to payments in 2015 related to a required capping event at one of our closed landfills . 2022 cash paid for remediation obligations was $ 13.2 million lower during 2016 compared to 2015 primarily due to the timing of obligations . in addition , cash paid for income taxes was approximately $ 265 million and $ 321 million for 2016 and 2015 , respectively . income taxes paid in 2016 and 2015 reflect the favorable tax depreciation provisions of the protecting americans from tax hikes act signed into law in december 2015 as well as the realization of certain tax credits . cash paid for interest was $ 330.2 million and $ 327.6 million for 2016 and 2015 , respectively . the most significant items affecting the comparison of our operating cash flows for 2015 and 2014 are summarized below : changes in assets and liabilities , net of effects of business acquisitions and divestitures , decreased our cash flow from operations by $ 316.7 million in 2015 , compared to a decrease of $ 295.6 million in 2014 , primarily as a result of the following : 2022 our accounts receivable , exclusive of the change in allowance for doubtful accounts and customer credits , increased $ 15.7 million during 2015 due to the timing of billings , net of collections , compared to a $ 54.3 million increase in 2014 . as of december 31 , 2015 and 2014 , our days sales outstanding were 38 days , or 26 and 25 days net of deferred revenue , respectively . 2022 our accounts payable increased $ 35.6 million and $ 3.3 million during 2015 and 2014 , respectively , due to the timing of payments as of december 31 , 2015. .
Question: what was the net change in cash in 2016 in millions
Answer:
|
35.4
|
what was the net change in cash in 2016 in millions
|
{
"options": {
"A": "35.4",
"B": "-35.4",
"C": "1847.8",
"D": "-1847.8"
},
"goldenKey": "A"
}
|
{
"A": "35.4",
"B": "-35.4",
"C": "1847.8",
"D": "-1847.8"
}
|
A
|
finqa753
|
Please answer the given financial question based on the context.
Context: performance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 31 , 2010 through october 25 , 2015 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 31 , 2010 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index *assumes $ 100 invested on 10/31/10 in stock or index , including reinvestment of dividends . indexes calculated on month-end basis . 201cs&p 201d is a registered trademark of standard & poor 2019s financial services llc , a subsidiary of the mcgraw-hill companies , inc. .
||10/31/2010|10/30/2011|10/28/2012|10/27/2013|10/26/2014|10/25/2015|
|applied materials|100.00|104.54|90.88|155.43|188.13|150.26|
|s&p 500 index|100.00|108.09|124.52|158.36|185.71|195.37|
|rdg semiconductor composite index|100.00|110.04|104.07|136.15|172.41|170.40|
dividends during each of fiscal 2015 and 2014 , applied's board of directors declared four quarterly cash dividends of $ 0.10 per share . during fiscal 2013 , applied 2019s board of directors declared three quarterly cash dividends of $ 0.10 per share and one quarterly cash dividend of $ 0.09 per share . dividends paid during fiscal 2015 , 2014 and 2013 amounted to $ 487 million , $ 485 million and $ 456 million , respectively . applied currently anticipates that cash dividends will continue to be paid on a quarterly basis , although the declaration of any future cash dividend is at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination by the board of directors that cash dividends are in the best interests of applied 2019s stockholders . 104 136 10/31/10 10/30/11 10/28/12 10/27/13 10/26/14 10/25/15 applied materials , inc . s&p 500 rdg semiconductor composite .
Question: how many outstanding shares received dividends in 2013 , ( in millions ) ?
Answer:
|
1248.71795
|
how many outstanding shares received dividends in 2013 , ( in millions ) ?
|
{
"options": {
"A": "456",
"B": "485",
"C": "487",
"D": "1248.71795"
},
"goldenKey": "D"
}
|
{
"A": "456",
"B": "485",
"C": "487",
"D": "1248.71795"
}
|
D
|
finqa754
|
Please answer the given financial question based on the context.
Context: financial assurance we must provide financial assurance to governmental agencies and a variety of other entities under applicable environmental regulations relating to our landfill operations for capping , closure and post-closure costs , and related to our performance under certain collection , landfill and transfer station contracts . we satisfy these financial assurance requirements by providing surety bonds , letters of credit , or insurance policies ( financial assurance instruments ) , or trust deposits , which are included in restricted cash and marketable securities and other assets in our consolidated balance sheets . the amount of the financial assurance requirements for capping , closure and post-closure costs is determined by applicable state environmental regulations . the financial assurance requirements for capping , closure and post-closure costs may be associated with a portion of the landfill or the entire landfill . generally , states require a third-party engineering specialist to determine the estimated capping , closure and post-closure costs that are used to determine the required amount of financial assurance for a landfill . the amount of financial assurance required can , and generally will , differ from the obligation determined and recorded under u.s . gaap . the amount of the financial assurance requirements related to contract performance varies by contract . additionally , we must provide financial assurance for our insurance program and collateral for certain performance obligations . we do not expect a material increase in financial assurance requirements during 2018 , although the mix of financial assurance instruments may change . these financial assurance instruments are issued in the normal course of business and are not considered indebtedness . because we currently have no liability for the financial assurance instruments , they are not reflected in our consolidated balance sheets ; however , we record capping , closure and post-closure liabilities and insurance liabilities as they are incurred . off-balance sheet arrangements we have no off-balance sheet debt or similar obligations , other than operating leases and financial assurances , which are not classified as debt . we have no transactions or obligations with related parties that are not disclosed , consolidated into or reflected in our reported financial position or results of operations . we have not guaranteed any third-party debt . free cash flow we define free cash flow , which is not a measure determined in accordance with u.s . gaap , as cash provided by operating activities less purchases of property and equipment , plus proceeds from sales of property and equipment , as presented in our consolidated statements of cash flows . the following table calculates our free cash flow for the years ended december 31 , 2017 , 2016 and 2015 ( in millions of dollars ) : .
||2017|2016|2015|
|cash provided by operating activities|$ 1910.7|$ 1847.8|$ 1679.7|
|purchases of property and equipment|-989.8 ( 989.8 )|-927.8 ( 927.8 )|-945.6 ( 945.6 )|
|proceeds from sales of property and equipment|6.1|9.8|21.2|
|free cash flow|$ 927.0|$ 929.8|$ 755.3|
for a discussion of the changes in the components of free cash flow , see our discussion regarding cash flows provided by operating activities and cash flows used in investing activities contained elsewhere in this management 2019s discussion and analysis of financial condition and results of operations. .
Question: what is the average from the proceeds from sales of property and equipment from 2015 to 2017
Answer:
|
20.05
|
what is the average from the proceeds from sales of property and equipment from 2015 to 2017
|
{
"options": {
"A": "6.1",
"B": "9.8",
"C": "21.2",
"D": "20.05"
},
"goldenKey": "D"
}
|
{
"A": "6.1",
"B": "9.8",
"C": "21.2",
"D": "20.05"
}
|
D
|
finqa755
|
Please answer the given financial question based on the context.
Context: during the years ended december 31 , 2013 , 2012 , and 2011 , we recognized approximately $ 6.5 million , $ 5.1 million and $ 4.7 million of compensation expense , respectively , for these options . as of december 31 , 2013 , there was approximately $ 20.3 million of total unrecognized compensation cost related to unvested stock options , which is expected to be recognized over a weighted average period of three years . stock-based compensation effective january 1 , 1999 , we implemented a deferred compensation plan , or the deferred plan , covering certain of our employees , including our executives . the shares issued under the deferred plan were granted to certain employees , including our executives and vesting will occur annually upon the completion of a service period or our meeting established financial performance criteria . annual vesting occurs at rates ranging from 15% ( 15 % ) to 35% ( 35 % ) once performance criteria are reached . a summary of our restricted stock as of december 31 , 2013 , 2012 and 2011 and charges during the years then ended are presented below: .
||2013|2012|2011|
|balance at beginning of year|2804901|2912456|2728290|
|granted|192563|92729|185333|
|cancelled|-3267 ( 3267 )|-200284 ( 200284 )|-1167 ( 1167 )|
|balance at end of year|2994197|2804901|2912456|
|vested during the year|21074|408800|66299|
|compensation expense recorded|$ 6713155|$ 6930381|$ 17365401|
|weighted average fair value of restricted stock granted during the year|$ 17386949|$ 7023942|$ 21768084|
weighted average fair value of restricted stock granted during the year $ 17386949 $ 7023942 $ 21768084 the fair value of restricted stock that vested during the years ended december 31 , 2013 , 2012 and 2011 was $ 1.6 million , $ 22.4 million and $ 4.3 million , respectively . as of december 31 , 2013 , there was $ 17.8 million of total unrecognized compensation cost related to unvested restricted stock , which is expected to be recognized over a weighted average period of approximately 2.7 years . for the years ended december 31 , 2013 , 2012 and 2011 , approximately $ 4.5 million , $ 4.1 million and $ 3.4 million , respectively , was capitalized to assets associated with compensation expense related to our long-term compensation plans , restricted stock and stock options . we granted ltip units , which include bonus , time-based and performance based awards , with a fair value of $ 27.1 million , zero and $ 8.5 million as of 2013 , 2012 and 2011 , respectively . the grant date fair value of the ltip unit awards was calculated in accordance with asc 718 . a third party consultant determined the fair value of the ltip units to have a discount from sl green's common stock price . the discount was calculated by considering the inherent uncertainty that the ltip units will reach parity with other common partnership units and the illiquidity due to transfer restrictions . as of december 31 , 2013 , there was $ 5.0 million of total unrecognized compensation expense related to the time-based and performance based awards , which is expected to be recognized over a weighted average period of approximately 1.5 years . during the years ended december 31 , 2013 , 2012 and 2011 , we recorded compensation expense related to bonus , time-based and performance based awards of approximately $ 27.3 million , $ 12.6 million and $ 8.5 million , respectively . 2010 notional unit long-term compensation plan in december 2009 , the compensation committee of the company's board of directors approved the general terms of the sl green realty corp . 2010 notional unit long-term compensation program , or the 2010 long-term compensation plan . the 2010 long-term compensation plan is a long-term incentive compensation plan pursuant to which award recipients could earn , in the aggregate , from approximately $ 15.0 million up to approximately $ 75.0 million of ltip units in the operating partnership based on our stock price appreciation over three years beginning on december 1 , 2009 ; provided that , if maximum performance had been achieved , approximately $ 25.0 million of awards could be earned at any time after the beginning of the second year and an additional approximately $ 25.0 million of awards could be earned at any time after the beginning of the third year . in order to achieve maximum performance under the 2010 long-term compensation plan , our aggregate stock price appreciation during the performance period had to equal or exceed 50% ( 50 % ) . the compensation committee determined that maximum performance had been achieved at or shortly after the beginning of each of the second and third years of the performance period and for the full performance period and , accordingly , 366815 ltip units , 385583 ltip units and 327416 ltip units were earned under the 2010 long-term compensation plan in december 2010 , 2011 and 2012 , respectively . substantially in accordance with the original terms of the program , 50% ( 50 % ) of these ltip units vested on december 17 , 2012 ( accelerated from the original january 1 , 2013 vesting date ) , 25% ( 25 % ) of these ltip units vested on december 11 , 2013 ( accelerated from the original january 1 , 2014 vesting date ) and the remainder is scheduled to vest on january 1 , 2015 based on .
Question: how many restricted stocks grants were made in the three year period?
Answer:
|
470625.0
|
how many restricted stocks grants were made in the three year period?
|
{
"options": {
"A": "470625",
"B": "2994197",
"C": "2804901",
"D": "2912456"
},
"goldenKey": "A"
}
|
{
"A": "470625",
"B": "2994197",
"C": "2804901",
"D": "2912456"
}
|
A
|
finqa756
|
Please answer the given financial question based on the context.
Context: american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) from december 1 through may 31 of each year . during the 2008 , 2007 and 2006 offering periods employees purchased 55764 , 48886 and 53210 shares , respectively , at weighted average prices per share of $ 30.08 , $ 33.93 and $ 24.98 , respectively . the fair value of the espp offerings is estimated on the offering period commencement date using a black-scholes pricing model with the expense recognized over the expected life , which is the six month offering period over which employees accumulate payroll deductions to purchase the company 2019s common stock . the weighted average fair value for the espp shares purchased during 2008 , 2007 and 2006 were $ 7.89 , $ 9.09 and $ 6.79 , respectively . at december 31 , 2008 , 8.8 million shares remain reserved for future issuance under the plan . key assumptions used to apply this pricing model for the years ended december 31 , are as follows: .
||2008|2007|2006|
|range of risk free interest rates|1.99% ( 1.99 % ) 20143.28% ( 20143.28 % )|4.98% ( 4.98 % ) 20145.05% ( 20145.05 % )|5.01% ( 5.01 % ) 20145.17% ( 20145.17 % )|
|weighted average risk-free interest rate|2.58% ( 2.58 % )|5.02% ( 5.02 % )|5.08% ( 5.08 % )|
|expected life of the shares|6 months|6 months|6 months|
|range of expected volatility of underlying stock price|27.85% ( 27.85 % ) 201428.51% ( 201428.51 % )|27.53% ( 27.53 % ) 201428.74% ( 201428.74 % )|29.60% ( 29.60 % )|
|weighted average expected volatility of underlying stock price|28.51% ( 28.51 % )|28.22% ( 28.22 % )|29.60% ( 29.60 % )|
|expected annual dividends|n/a|n/a|n/a|
13 . stockholders 2019 equity warrants 2014in january 2003 , the company issued warrants to purchase approximately 11.4 million shares of its common stock in connection with an offering of 808000 units , each consisting of $ 1000 principal amount at maturity of ati 12.25% ( 12.25 % ) senior subordinated discount notes due 2008 and a warrant to purchase 14.0953 shares of the company 2019s common stock . these warrants became exercisable on january 29 , 2006 at an exercise price of $ 0.01 per share . as these warrants expired on august 1 , 2008 , none were outstanding as of december 31 , in august 2005 , the company completed its merger with spectrasite , inc . and assumed outstanding warrants to purchase shares of spectrasite , inc . common stock . as of the merger completion date , each warrant was exercisable for two shares of spectrasite , inc . common stock at an exercise price of $ 32 per warrant . upon completion of the merger , each warrant to purchase shares of spectrasite , inc . common stock automatically converted into a warrant to purchase shares of the company 2019s common stock , such that upon exercise of each warrant , the holder has a right to receive 3.575 shares of the company 2019s common stock in lieu of each share of spectrasite , inc . common stock that would have been receivable under each assumed warrant prior to the merger . upon completion of the company 2019s merger with spectrasite , inc. , these warrants were exercisable for approximately 6.8 million shares of common stock . of these warrants , warrants to purchase approximately 1.8 million and 2.0 million shares of common stock remained outstanding as of december 31 , 2008 and 2007 , respectively . these warrants will expire on february 10 , 2010 . stock repurchase programs 2014during the year ended december 31 , 2008 , the company repurchased an aggregate of approximately 18.3 million shares of its common stock for an aggregate of $ 697.1 million , including commissions and fees , pursuant to its publicly announced stock repurchase programs , as described below. .
Question: what was the percentage change in the weighted average risk-free interest rate from 2007 to 2008
Answer:
|
-0.48606
|
what was the percentage change in the weighted average risk-free interest rate from 2007 to 2008
|
{
"options": {
"A": "-0.48606",
"B": "0.48606",
"C": "-2.44",
"D": "2.44"
},
"goldenKey": "A"
}
|
{
"A": "-0.48606",
"B": "0.48606",
"C": "-2.44",
"D": "2.44"
}
|
A
|
finqa757
|
Please answer the given financial question based on the context.
Context: 2018 emerson annual report | 51 as of september 30 , 2018 , 1874750 shares awarded primarily in 2016 were outstanding , contingent on the company achieving its performance objectives through 2018 . the objectives for these shares were met at the 97 percent level at the end of 2018 and 1818508 shares will be distributed in early 2019 . additionally , the rights to receive a maximum of 2261700 and 2375313 common shares were awarded in 2018 and 2017 , respectively , under the new performance shares program , and are outstanding and contingent upon the company achieving its performance objectives through 2020 and 2019 , respectively . incentive shares plans also include restricted stock awards which involve distribution of common stock to key management employees subject to cliff vesting at the end of service periods ranging from three to ten years . the fair value of restricted stock awards is determined based on the average of the high and low market prices of the company 2019s common stock on the date of grant , with compensation expense recognized ratably over the applicable service period . in 2018 , 310000 shares of restricted stock vested as a result of participants fulfilling the applicable service requirements . consequently , 167837 shares were issued while 142163 shares were withheld for income taxes in accordance with minimum withholding requirements . as of september 30 , 2018 , there were 1276200 shares of unvested restricted stock outstanding . the total fair value of shares distributed under incentive shares plans was $ 20 , $ 245 and $ 11 , respectively , in 2018 , 2017 and 2016 , of which $ 9 , $ 101 and $ 4 was paid in cash , primarily for tax withholding . as of september 30 , 2018 , 10.3 million shares remained available for award under incentive shares plans . changes in shares outstanding but not yet earned under incentive shares plans during the year ended september 30 , 2018 follow ( shares in thousands ; assumes 100 percent payout of unvested awards ) : average grant date shares fair value per share .
||shares|average grant datefair value per share|
|beginning of year|4999|$ 50.33|
|granted|2295|$ 63.79|
|earned/vested|-310 ( 310 )|$ 51.27|
|canceled|-86 ( 86 )|$ 56.53|
|end of year|6898|$ 54.69|
total compensation expense for stock options and incentive shares was $ 216 , $ 115 and $ 159 for 2018 , 2017 and 2016 , respectively , of which $ 5 and $ 14 was included in discontinued operations for 2017 and 2016 , respectively . the increase in expense for 2018 reflects an increase in the company 2019s stock price and progress toward achieving its performance objectives . the decrease in expense for 2017 reflects the impact of changes in the stock price . income tax benefits recognized in the income statement for these compensation arrangements during 2018 , 2017 and 2016 were $ 42 , $ 33 and $ 45 , respectively . as of september 30 , 2018 , total unrecognized compensation expense related to unvested shares awarded under these plans was $ 182 , which is expected to be recognized over a weighted-average period of 1.1 years . in addition to the employee stock option and incentive shares plans , in 2018 the company awarded 12228 shares of restricted stock and 2038 restricted stock units under the restricted stock plan for non-management directors . as of september 30 , 2018 , 159965 shares were available for issuance under this plan . ( 16 ) common and preferred stock at september 30 , 2018 , 37.0 million shares of common stock were reserved for issuance under the company 2019s stock-based compensation plans . during 2018 , 15.1 million common shares were purchased and 2.6 million treasury shares were reissued . in 2017 , 6.6 million common shares were purchased and 5.5 million treasury shares were reissued . at september 30 , 2018 and 2017 , the company had 5.4 million shares of $ 2.50 par value preferred stock authorized , with none issued. .
Question: during 2018 what was the net purchase of common shares in millions?
Answer:
|
12.5
|
during 2018 what was the net purchase of common shares in millions?
|
{
"options": {
"A": "6.6",
"B": "12.5",
"C": "15.1",
"D": "37.0"
},
"goldenKey": "B"
}
|
{
"A": "6.6",
"B": "12.5",
"C": "15.1",
"D": "37.0"
}
|
B
|
finqa758
|
Please answer the given financial question based on the context.
Context: operating lease agreements . included in these amounts was contingent rent expense of $ 3.6 million , $ 2.0 million and $ 0.6 million for the years ended december 31 , 2011 , 2010 and 2009 , respectively . the operating lease obligations included above do not include any contingent rent . sponsorships and other marketing commitments within the normal course of business , the company enters into contractual commitments in order to promote the company 2019s brand and products . these commitments include sponsorship agreements with teams and athletes on the collegiate and professional levels , official supplier agreements , athletic event sponsorships and other marketing commitments . the following is a schedule of the company 2019s future minimum payments under its sponsorship and other marketing agreements as of december 31 , 2011 : ( in thousands ) .
|2012|$ 52855|
|2013|46910|
|2014|42514|
|2015|22689|
|2016|3580|
|2017 and thereafter|966|
|total future minimum sponsorship and other marketing payments|$ 169514|
the amounts listed above are the minimum obligations required to be paid under the company 2019s sponsorship and other marketing agreements . the amounts listed above do not include additional performance incentives and product supply obligations provided under certain agreements . it is not possible to determine how much the company will spend on product supply obligations on an annual basis as contracts generally do not stipulate specific cash amounts to be spent on products . the amount of product provided to the sponsorships depends on many factors including general playing conditions , the number of sporting events in which they participate and the company 2019s decisions regarding product and marketing initiatives . in addition , the costs to design , develop , source and purchase the products furnished to the endorsers are incurred over a period of time and are not necessarily tracked separately from similar costs incurred for products sold to customers . the company is , from time to time , involved in routine legal matters incidental to its business . the company believes that the ultimate resolution of any such current proceedings and claims will not have a material adverse effect on its consolidated financial position , results of operations or cash flows . in connection with various contracts and agreements , the company has agreed to indemnify counterparties against certain third party claims relating to the infringement of intellectual property rights and other items . generally , such indemnification obligations do not apply in situations in which the counterparties are grossly negligent , engage in willful misconduct , or act in bad faith . based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to its consolidated financial position or results of operations . 9 . stockholders 2019 equity the company 2019s class a common stock and class b convertible common stock have an authorized number of shares of 100.0 million shares and 11.3 million shares , respectively , and each have a par value of $ 0.0003 1/3 per share . holders of class a common stock and class b convertible common stock have identical rights , including liquidation preferences , except that the holders of class a common stock are entitled to one vote per share and holders of class b convertible common stock are entitled to 10 votes per share on all matters submitted to a stockholder vote . class b convertible common stock may only be held by kevin plank .
Question: as of december 31 , 2012 what was the percent of the company 2019s future minimum payments under its sponsorship and other marketing agreements to the total
Answer:
|
0.3118
|
as of december 31 , 2012 what was the percent of the company 2019s future minimum payments under its sponsorship and other marketing agreements to the total
|
{
"options": {
"A": "0.3118",
"B": "0.52855",
"C": "0.169514",
"D": "0.966"
},
"goldenKey": "A"
}
|
{
"A": "0.3118",
"B": "0.52855",
"C": "0.169514",
"D": "0.966"
}
|
A
|
finqa759
|
Please answer the given financial question based on the context.
Context: american tower corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) market and lease the unused tower space on the broadcast towers ( the economic rights ) . tv azteca retains title to these towers and is responsible for their operation and maintenance . the company is entitled to 100% ( 100 % ) of the revenues generated from leases with tenants on the unused space and is responsible for any incremental operating expenses associated with those tenants . the term of the economic rights agreement is seventy years ; however , tv azteca has the right to purchase , at fair market value , the economic rights from the company at any time during the last fifty years of the agreement . should tv azteca elect to purchase the economic rights ( in whole or in part ) , it would also be obligated to repay a proportional amount of the loan discussed above at the time of such election . the company 2019s obligation to pay tv azteca $ 1.5 million annually would also be reduced proportionally . the company has accounted for the annual payment of $ 1.5 million as a capital lease ( initially recording an asset and a corresponding liability of approximately $ 18.6 million ) . the capital lease asset and the discount on the note , which aggregate approximately $ 30.2 million , represent the cost to acquire the economic rights and are being amortized over the seventy-year life of the economic rights agreement . on a quarterly basis , the company assesses the recoverability of its note receivable from tv azteca . as of december 31 , 2007 and 2006 , the company has assessed the recoverability of the note receivable from tv azteca and concluded that no adjustment to its carrying value is required . a former executive officer and former director of the company served as a director of tv azteca from december 1999 to february 2006 . as of december 31 , 2007 and 2006 , the company also had other long-term notes receivable outstanding of approximately $ 4.3 million and $ 11.0 million , respectively . 8 . derivative financial instruments the company enters into interest rate protection agreements to manage exposure on the variable rate debt under its credit facilities and to manage variability in cash flows relating to forecasted interest payments . under these agreements , the company is exposed to credit risk to the extent that a counterparty fails to meet the terms of a contract . such exposure was limited to the current value of the contract at the time the counterparty fails to perform . the company believes its contracts as of december 31 , 2007 and 2006 are with credit worthy institutions . as of december 31 , 2007 and 2006 , the carrying amounts of the company 2019s derivative financial instruments , along with the estimated fair values of the related assets reflected in notes receivable and other long-term assets and ( liabilities ) reflected in other long-term liabilities in the accompanying consolidated balance sheet , are as follows ( in thousands except percentages ) : as of december 31 , 2007 notional amount interest rate term carrying amount and fair value .
|as of december 31 2007|notional amount|interest rate|term|carrying amount and fair value|
|interest rate swap agreement|$ 150000|3.95% ( 3.95 % )|expiring in 2009|$ -369 ( 369 )|
|interest rate swap agreement|100000|4.08% ( 4.08 % )|expiring in 2010|-571 ( 571 )|
|total|$ 250000|||$ -940 ( 940 )|
.
Question: the 3.95% ( 3.95 % ) notional swap was how much of the total notional swap principle?
Answer:
|
0.6
|
the 3.95% ( 3.95 % ) notional swap was how much of the total notional swap principle?
|
{
"options": {
"A": "0.4",
"B": "0.5",
"C": "0.6",
"D": "0.7"
},
"goldenKey": "C"
}
|
{
"A": "0.4",
"B": "0.5",
"C": "0.6",
"D": "0.7"
}
|
C
|
finqa760
|
Please answer the given financial question based on the context.
Context: to determine stock-based compensation expense , the grant date fair value is applied to the options granted with a reduction for estimated forfeitures . we recognize compensation expense for stock options on a straight-line basis over the specified vesting period . at december 31 , 2012 and 2011 , options for 12759000 and 12337000 shares of common stock were exercisable at a weighted-average price of $ 90.86 and $ 106.08 , respectively . the total intrinsic value of options exercised during 2013 , 2012 and 2011 was $ 86 million , $ 37 million and $ 4 million , respectively . the total tax benefit recognized related to compensation expense on all share-based payment arrangements during 2013 , 2012 and 2011 was approximately $ 56 million , $ 37 million and $ 38 million , respectively . cash received from option exercises under all incentive plans for 2013 , 2012 and 2011 was approximately $ 208 million , $ 118 million and $ 41 million , respectively . the tax benefit realized from option exercises under all incentive plans for 2013 , 2012 and 2011 was approximately $ 31 million , $ 14 million and $ 1 million , respectively . shares of common stock available during the next year for the granting of options and other awards under the incentive plans were 24535159 at december 31 , 2013 . total shares of pnc common stock authorized for future issuance under equity compensation plans totaled 25712719 shares at december 31 , 2013 , which includes shares available for issuance under the incentive plans and the employee stock purchase plan ( espp ) as described below . during 2013 , we issued approximately 2.6 million shares from treasury stock in connection with stock option exercise activity . as with past exercise activity , we currently intend to utilize primarily treasury stock for any future stock option exercises . awards granted to non-employee directors in 2013 , 2012 and 2011 include 27076 , 25620 and 27090 deferred stock units , respectively , awarded under the outside directors deferred stock unit plan . a deferred stock unit is a phantom share of our common stock , which is accounted for as a liability until such awards are paid to the participants in cash . as there are no vesting or service requirements on these awards , total compensation expense is recognized in full for these awards on the date of grant . incentive/performance unit share awards and restricted stock/share unit awards the fair value of nonvested incentive/performance unit share awards and restricted stock/share unit awards is initially determined based on prices not less than the market value of our common stock on the date of grant . the value of certain incentive/performance unit share awards is subsequently remeasured based on the achievement of one or more financial and other performance goals , generally over a three-year period . the personnel and compensation committee ( 201cp&cc 201d ) of the board of directors approves the final award payout with respect to certain incentive/performance unit share awards . restricted stock/share unit awards have various vesting periods generally ranging from 3 years to 5 years . beginning in 2013 , we incorporated several enhanced risk- related performance changes to certain long-term incentive compensation programs . in addition to achieving certain financial performance metrics on both an absolute basis and relative to our peers , final payout amounts will be subject to reduction if pnc fails to meet certain risk-related performance metrics as specified in the award agreement . however , the p&cc has the discretion to waive any or all of this reduction under certain circumstances . these awards have either a three- year or a four-year performance period and are payable in either stock or a combination of stock and cash . additionally , performance-based restricted share units were granted in 2013 to certain executives as part of annual bonus deferral criteria . these units , payable solely in stock , vest ratably over a four-year period and contain the same risk- related discretionary criteria noted in the preceding paragraph . the weighted-average grant date fair value of incentive/ performance unit share awards and restricted stock/unit awards granted in 2013 , 2012 and 2011 was $ 64.77 , $ 60.68 and $ 63.25 per share , respectively . the total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2013 , 2012 and 2011 was approximately $ 63 million , $ 55 million and $ 52 million , respectively . we recognize compensation expense for such awards ratably over the corresponding vesting and/or performance periods for each type of program . table 124 : nonvested incentive/performance unit share awards and restricted stock/share unit awards 2013 rollforward shares in thousands nonvested incentive/ performance unit shares weighted- average grant date fair value nonvested restricted stock/ weighted- average grant date fair value .
|shares in thousands december 31 2012|nonvested incentive/ performance unit shares 1119|weighted- average grant date fair value $ 61.14|nonvested restricted stock/ share units 3061|weighted- average grant date fair value $ 60.04|
|granted|926|64.36|1288|65.06|
|vested/released|-326 ( 326 )|58.26|-674 ( 674 )|55.22|
|forfeited|-72 ( 72 )|62.02|-192 ( 192 )|62.37|
|december 31 2013|1647|$ 63.49|3483|$ 62.70|
the pnc financial services group , inc . 2013 form 10-k 187 .
Question: what was the total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2013 and 2012 in millions?
Answer:
|
118.0
|
what was the total fair value of incentive/performance unit share and restricted stock/unit awards vested during 2013 and 2012 in millions?
|
{
"options": {
"A": "55.0",
"B": "52.0",
"C": "63.0",
"D": "118.0"
},
"goldenKey": "D"
}
|
{
"A": "55.0",
"B": "52.0",
"C": "63.0",
"D": "118.0"
}
|
D
|
finqa761
|
Please answer the given financial question based on the context.
Context: american tower corporation and subsidiaries notes to consolidated financial statements loss on retirement of long-term obligations 2014loss on retirement of long-term obligations primarily includes cash paid to retire debt in excess of its carrying value , cash paid to holders of convertible notes in connection with note conversions and non-cash charges related to the write-off of deferred financing fees . loss on retirement of long-term obligations also includes gains from repurchasing or refinancing certain of the company 2019s debt obligations . earnings per common share 2014basic and diluted 2014basic income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period . diluted income from continuing operations per common share for the years ended december 31 , 2012 , 2011 and 2010 represents income from continuing operations attributable to american tower corporation divided by the weighted average number of common shares outstanding during the period and any dilutive common share equivalents , including unvested restricted stock , shares issuable upon exercise of stock options and warrants as determined under the treasury stock method and upon conversion of the company 2019s convertible notes , as determined under the if-converted method . retirement plan 2014the company has a 401 ( k ) plan covering substantially all employees who meet certain age and employment requirements . the company 2019s matching contribution for the years ended december 31 , 2012 , 2011 and 2010 is 50% ( 50 % ) up to a maximum 6% ( 6 % ) of a participant 2019s contributions . for the years ended december 31 , 2012 , 2011 and 2010 , the company contributed approximately $ 4.4 million , $ 2.9 million and $ 1.9 million to the plan , respectively . 2 . prepaid and other current assets prepaid and other current assets consist of the following as of december 31 , ( in thousands ) : .
||2012|2011 ( 1 )|
|prepaid income tax|$ 57665|$ 31384|
|prepaid operating ground leases|56916|49585|
|value added tax and other consumption tax receivables|22443|81276|
|prepaid assets|19037|28031|
|other miscellaneous current assets|66790|59997|
|balance as of december 31,|$ 222851|$ 250273|
( 1 ) december 31 , 2011 balances have been revised to reflect purchase accounting measurement period adjustments. .
Question: for 2011 , tax related assets were how much of total current assets and prepaids?
Answer:
|
0.45015
|
for 2011 , tax related assets were how much of total current assets and prepaids?
|
{
"options": {
"A": "0.45015",
"B": "0.31384",
"C": "0.57665",
"D": "0.250273"
},
"goldenKey": "A"
}
|
{
"A": "0.45015",
"B": "0.31384",
"C": "0.57665",
"D": "0.250273"
}
|
A
|
finqa762
|
Please answer the given financial question based on the context.
Context: the following tables present a reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs ( level 3 ) for 2015 and 2014 , respectively: .
||level 3|
|balance as of january 1 2015|$ 127|
|actual return on assets|12|
|purchases issuances and settlements net|-3 ( 3 )|
|balance as of december 31 2015|$ 136|
purchases , issuances and settlements , net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76 balance as of december 31 , 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 127 the company 2019s other postretirement benefit plans are partially funded and the assets are held under various trusts . the investments and risk mitigation strategies for the plans are tailored specifically for each trust . in setting new strategic asset mixes , consideration is given to the likelihood that the selected asset allocation will effectively fund the projected plan liabilities and the risk tolerance of the company . the company periodically updates the long-term , strategic asset allocations and uses various analytics to determine the optimal asset allocation . considerations include plan liability characteristics , liquidity characteristics , funding requirements , expected rates of return and the distribution of returns . in june 2012 , the company implemented a de-risking strategy for the medical bargaining trust within the plan to minimize volatility . as part of the de-risking strategy , the company revised the asset allocations to increase the matching characteristics of assets relative to liabilities . the initial de-risking asset allocation for the plan was 60% ( 60 % ) return-generating assets and 40% ( 40 % ) liability-driven assets . the investment strategies and policies for the plan reflect a balance of liability driven and return-generating considerations . the objective of minimizing the volatility of assets relative to liabilities is addressed primarily through asset 2014liability matching , asset diversification and hedging . the fixed income target asset allocation matches the bond-like and long-dated nature of the postretirement liabilities . assets are broadly diversified within asset classes to achieve risk-adjusted returns that in total lower asset volatility relative to the liabilities . the company assesses the investment strategy regularly to ensure actual allocations are in line with target allocations as appropriate . strategies to address the goal of ensuring sufficient assets to pay benefits include target allocations to a broad array of asset classes and , within asset classes strategies are employed to provide adequate returns , diversification and liquidity . the assets of the company 2019s other trusts , within the other postretirement benefit plans , have been primarily invested in equities and fixed income funds . the assets under the various other postretirement benefit trusts are invested differently based on the assets and liabilities of each trust . the obligations of the other postretirement benefit plans are dominated by obligations for the medical bargaining trust . thirty-nine percent and four percent of the total postretirement plan benefit obligations are related to the medical non-bargaining and life insurance trusts , respectively . because expected benefit payments related to the benefit obligations are so far into the future , and the size of the medical non-bargaining and life insurance trusts 2019 obligations are large compared to each trusts 2019 assets , the investment strategy is to allocate a significant portion of the assets 2019 investment to equities , which the company believes will provide the highest long-term return and improve the funding ratio . the company engages third party investment managers for all invested assets . managers are not permitted to invest outside of the asset class ( e.g . fixed income , equity , alternatives ) or strategy for which they have been appointed . investment management agreements and recurring performance and attribution analysis are used as tools to ensure investment managers invest solely within the investment strategy they have been provided . futures and options may be used to adjust portfolio duration to align with a plan 2019s targeted investment policy. .
Question: what was the growth rate in the account balance 2015
Answer:
|
0.07087
|
what was the growth rate in the account balance 2015
|
{
"options": {
"A": "0.07087",
"B": "0.09449",
"C": "0.05312",
"D": "0.03674"
},
"goldenKey": "A"
}
|
{
"A": "0.07087",
"B": "0.09449",
"C": "0.05312",
"D": "0.03674"
}
|
A
|
finqa763
|
Please answer the given financial question based on the context.
Context: no . 159 requires that unrealized gains and losses on items for which the fair value option has been elected be reported in earnings at each reporting date . sfas no . 159 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 . although the company will continue to evaluate the application of sfas no . 159 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . in september 2006 , the fasb issued sfas no . 157 , fair value measurements , which defines fair value , provides a framework for measuring fair value , and expands the disclosures required for fair value measurements . sfas no . 157 applies to other accounting pronouncements that require fair value measurements ; it does not require any new fair value measurements . sfas no . 157 is effective for fiscal years beginning after november 15 , 2007 and is required to be adopted by the company beginning in the first quarter of fiscal 2009 . although the company will continue to evaluate the application of sfas no . 157 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . in june 2006 , the fasb issued fasb interpretation no . ( 2018 2018fin 2019 2019 ) 48 , accounting for uncertainty in income taxes-an interpretation of fasb statement no . 109 . fin 48 clarifies the accounting for uncertainty in income taxes by creating a framework for how companies should recognize , measure , present , and disclose in their financial statements uncertain tax positions that they have taken or expect to take in a tax return . fin 48 is effective for fiscal years beginning after december 15 , 2006 and is required to be adopted by the company beginning in the first quarter of fiscal 2008 . although the company will continue to evaluate the application of fin 48 , management does not currently believe adoption will have a material impact on the company 2019s financial condition or operating results . liquidity and capital resources the following table presents selected financial information and statistics for each of the last three fiscal years ( dollars in millions ) : september 29 , september 30 , september 24 , 2007 2006 2005 .
||september 29 2007|september 30 2006|september 24 2005|
|cash cash equivalents and short-term investments|$ 15386|$ 10110|$ 8261|
|accounts receivable net|$ 1637|$ 1252|$ 895|
|inventory|$ 346|$ 270|$ 165|
|working capital|$ 12657|$ 8066|$ 6813|
|annual operating cash flow|$ 5470|$ 2220|$ 2535|
as of september 29 , 2007 , the company had $ 15.4 billion in cash , cash equivalents , and short-term investments , an increase of $ 5.3 billion over the same balance at the end of september 30 , 2006 . the principal components of this net increase were cash generated by operating activities of $ 5.5 billion , proceeds from the issuance of common stock under stock plans of $ 365 million and excess tax benefits from stock-based compensation of $ 377 million . these increases were partially offset by payments for acquisitions of property , plant , and equipment of $ 735 million and payments for acquisitions of intangible assets of $ 251 million . the company 2019s short-term investment portfolio is primarily invested in highly rated , liquid investments . as of september 29 , 2007 and september 30 , 2006 , $ 6.5 billion and $ 4.1 billion , respectively , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and are generally based in u.s . dollar-denominated holdings . the company believes its existing balances of cash , cash equivalents , and short-term investments will be sufficient to satisfy its working capital needs , capital expenditures , outstanding commitments , and other liquidity requirements associated with its existing operations over the next 12 months. .
Question: what was the change between september 29 , 2007 and september 30 , 2006 , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and based in u.s . dollar-denominated holdings , in billions?
Answer:
|
2.4
|
what was the change between september 29 , 2007 and september 30 , 2006 , of the company 2019s cash , cash equivalents , and short-term investments were held by foreign subsidiaries and based in u.s . dollar-denominated holdings , in billions?
|
{
"options": {
"A": "1.8",
"B": "2.1",
"C": "2.4",
"D": "2.7"
},
"goldenKey": "C"
}
|
{
"A": "1.8",
"B": "2.1",
"C": "2.4",
"D": "2.7"
}
|
C
|
finqa764
|
Please answer the given financial question based on the context.
Context: liquidity and capital resources the following table summarizes liquidity data as of the dates indicated ( in thousands ) : december 31 , december 31 .
||december 31 2016|december 31 2015|
|cash and equivalents|$ 227400|$ 87397|
|total debt ( 1 )|3365687|1599695|
|current maturities ( 2 )|68414|57494|
|capacity under credit facilities ( 3 )|2550000|1947000|
|availability under credit facilities ( 3 )|1019112|1337653|
|total liquidity ( cash and equivalents plus availability on credit facilities )|1246512|1425050|
total debt ( 1 ) 3365687 1599695 current maturities ( 2 ) 68414 57494 capacity under credit facilities ( 3 ) 2550000 1947000 availability under credit facilities ( 3 ) 1019112 1337653 total liquidity ( cash and equivalents plus availability on credit facilities ) 1246512 1425050 ( 1 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 23.9 million and $ 15.0 million as of december 31 , 2016 and 2015 , respectively ) . ( 2 ) debt amounts reflect the gross values to be repaid ( excluding debt issuance costs of $ 2.3 million and $ 1.5 million as of december 31 , 2016 and 2015 , respectively ) . ( 3 ) includes our revolving credit facilities , our receivables securitization facility , and letters of credit . we assess our liquidity in terms of our ability to fund our operations and provide for expansion through both internal development and acquisitions . our primary sources of liquidity are cash flows from operations and our credit facilities . we utilize our cash flows from operations to fund working capital and capital expenditures , with the excess amounts going towards funding acquisitions or paying down outstanding debt . as we have pursued acquisitions as part of our growth strategy , our cash flows from operations have not always been sufficient to cover our investing activities . to fund our acquisitions , we have accessed various forms of debt financing , including revolving credit facilities , senior notes , and a receivables securitization facility . as of december 31 , 2016 , we had debt outstanding and additional available sources of financing , as follows : 2022 senior secured credit facilities maturing in january 2021 , composed of term loans totaling $ 750 million ( $ 732.7 million outstanding at december 31 , 2016 ) and $ 2.45 billion in revolving credit ( $ 1.36 billion outstanding at december 31 , 2016 ) , bearing interest at variable rates ( although a portion of this debt is hedged through interest rate swap contracts ) reduced by $ 72.7 million of amounts outstanding under letters of credit 2022 senior notes totaling $ 600 million , maturing in may 2023 and bearing interest at a 4.75% ( 4.75 % ) fixed rate 2022 euro notes totaling $ 526 million ( 20ac500 million ) , maturing in april 2024 and bearing interest at a 3.875% ( 3.875 % ) fixed rate 2022 receivables securitization facility with availability up to $ 100 million ( $ 100 million outstanding as of december 31 , 2016 ) , maturing in november 2019 and bearing interest at variable commercial paper from time to time , we may undertake financing transactions to increase our available liquidity , such as our january 2016 amendment to our senior secured credit facilities , the issuance of 20ac500 million of euro notes in april 2016 , and the november 2016 amendment to our receivables securitization facility . the rhiag acquisition was the catalyst for the april issuance of 20ac500 million of euro notes . given that rhiag is a long term asset , we considered alternative financing options and decided to fund a portion of this acquisition through the issuance of long term notes . additionally , the interest rates on rhiag's acquired debt ranged between 6.45% ( 6.45 % ) and 7.25% ( 7.25 % ) . with the issuance of the 20ac500 million of senior notes at a rate of 3.875% ( 3.875 % ) , we were able to replace rhiag's borrowings with long term financing at favorable rates . this refinancing also provides financial flexibility to execute our long-term growth strategy by freeing up availability under our revolver . if we see an attractive acquisition opportunity , we have the ability to use our revolver to move quickly and have certainty of funding . as of december 31 , 2016 , we had approximately $ 1.02 billion available under our credit facilities . combined with approximately $ 227.4 million of cash and equivalents at december 31 , 2016 , we had approximately $ 1.25 billion in available liquidity , a decrease of $ 178.5 million from our available liquidity as of december 31 , 2015 . we expect to use the proceeds from the sale of pgw's glass manufacturing business to pay down borrowings under our revolving credit facilities , which would increase our available liquidity by approximately $ 310 million when the transaction closes. .
Question: what was the change in cash and equivalents from 2015 to 2016?
Answer:
|
140003.0
|
what was the change in cash and equivalents from 2015 to 2016?
|
{
"options": {
"A": "227400",
"B": "87397",
"C": "140003",
"D": "1785"
},
"goldenKey": "C"
}
|
{
"A": "227400",
"B": "87397",
"C": "140003",
"D": "1785"
}
|
C
|
finqa765
|
Please answer the given financial question based on the context.
Context: the following table shows annual aircraft fuel consumption and costs , including taxes , for our mainline and regional operations for 2018 , 2017 and 2016 ( gallons and aircraft fuel expense in millions ) . year gallons average price per gallon aircraft fuel expense percent of total operating expenses .
|year|gallons|average priceper gallon|aircraft fuelexpense|percent of totaloperating expenses|
|2018|4447|$ 2.23|$ 9896|23.6% ( 23.6 % )|
|2017|4352|1.73|7510|19.6% ( 19.6 % )|
|2016|4347|1.42|6180|17.6% ( 17.6 % )|
as of december 31 , 2018 , we did not have any fuel hedging contracts outstanding to hedge our fuel consumption . as such , and assuming we do not enter into any future transactions to hedge our fuel consumption , we will continue to be fully exposed to fluctuations in fuel prices . our current policy is not to enter into transactions to hedge our fuel consumption , although we review that policy from time to time based on market conditions and other factors . fuel prices have fluctuated substantially over the past several years . we cannot predict the future availability , price volatility or cost of aircraft fuel . natural disasters ( including hurricanes or similar events in the u.s . southeast and on the gulf coast where a significant portion of domestic refining capacity is located ) , political disruptions or wars involving oil-producing countries , economic sanctions imposed against oil-producing countries or specific industry participants , changes in fuel-related governmental policy , the strength of the u.s . dollar against foreign currencies , changes in the cost to transport or store petroleum products , changes in access to petroleum product pipelines and terminals , speculation in the energy futures markets , changes in aircraft fuel production capacity , environmental concerns and other unpredictable events may result in fuel supply shortages , distribution challenges , additional fuel price volatility and cost increases in the future . see part i , item 1a . risk factors 2013 201cour business is very dependent on the price and availability of aircraft fuel . continued periods of high volatility in fuel costs , increased fuel prices or significant disruptions in the supply of aircraft fuel could have a significant negative impact on our operating results and liquidity . 201d seasonality and other factors due to the greater demand for air travel during the summer months , revenues in the airline industry in the second and third quarters of the year tend to be greater than revenues in the first and fourth quarters of the year . general economic conditions , fears of terrorism or war , fare initiatives , fluctuations in fuel prices , labor actions , weather , natural disasters , outbreaks of disease and other factors could impact this seasonal pattern . therefore , our quarterly results of operations are not necessarily indicative of operating results for the entire year , and historical operating results in a quarterly or annual period are not necessarily indicative of future operating results . domestic and global regulatory landscape general airlines are subject to extensive domestic and international regulatory requirements . domestically , the dot and the federal aviation administration ( faa ) exercise significant regulatory authority over air carriers . the dot , among other things , oversees domestic and international codeshare agreements , international route authorities , competition and consumer protection matters such as advertising , denied boarding compensation and baggage liability . the antitrust division of the department of justice ( doj ) , along with the dot in certain instances , have jurisdiction over airline antitrust matters. .
Question: what were total operating expenses in 2017?
Answer:
|
38316.32653
|
what were total operating expenses in 2017?
|
{
"options": {
"A": "38316.32653",
"B": "9896",
"C": "7510",
"D": "6180"
},
"goldenKey": "A"
}
|
{
"A": "38316.32653",
"B": "9896",
"C": "7510",
"D": "6180"
}
|
A
|
finqa766
|
Please answer the given financial question based on the context.
Context: marathon oil corporation notes to consolidated financial statements operating lease rental expense was : ( in millions ) 2008 2007 2006 minimum rental ( a ) $ 245 $ 209 $ 172 .
|( in millions )|2008|2007|2006|
|minimum rental ( a )|$ 245|$ 209|$ 172|
|contingent rental|22|33|28|
|sublease rentals|2013|2013|-7 ( 7 )|
|net rental expense|$ 267|$ 242|$ 193|
( a ) excludes $ 5 million , $ 8 million and $ 9 million paid by united states steel in 2008 , 2007 and 2006 on assumed leases . 27 . contingencies and commitments we are the subject of , or party to , a number of pending or threatened legal actions , contingencies and commitments involving a variety of matters , including laws and regulations relating to the environment . certain of these matters are discussed below . the ultimate resolution of these contingencies could , individually or in the aggregate , be material to our consolidated financial statements . however , management believes that we will remain a viable and competitive enterprise even though it is possible that these contingencies could be resolved unfavorably . environmental matters 2013 we are subject to federal , state , local and foreign laws and regulations relating to the environment . these laws generally provide for control of pollutants released into the environment and require responsible parties to undertake remediation of hazardous waste disposal sites . penalties may be imposed for noncompliance . at december 31 , 2008 and 2007 , accrued liabilities for remediation totaled $ 111 million and $ 108 million . it is not presently possible to estimate the ultimate amount of all remediation costs that might be incurred or the penalties that may be imposed . receivables for recoverable costs from certain states , under programs to assist companies in clean-up efforts related to underground storage tanks at retail marketing outlets , were $ 60 and $ 66 million at december 31 , 2008 and 2007 . we are a defendant , along with other refining companies , in 20 cases arising in three states alleging damages for methyl tertiary-butyl ether ( 201cmtbe 201d ) contamination . we have also received seven toxic substances control act notice letters involving potential claims in two states . such notice letters are often followed by litigation . like the cases that were settled in 2008 , the remaining mtbe cases are consolidated in a multidistrict litigation in the southern district of new york for pretrial proceedings . nineteen of the remaining cases allege damages to water supply wells , similar to the damages claimed in the settled cases . in the other remaining case , the state of new jersey is seeking natural resources damages allegedly resulting from contamination of groundwater by mtbe . this is the only mtbe contamination case in which we are a defendant and natural resources damages are sought . we are vigorously defending these cases . we , along with a number of other defendants , have engaged in settlement discussions related to the majority of the cases in which we are a defendant . we do not expect our share of liability , if any , for the remaining cases to significantly impact our consolidated results of operations , financial position or cash flows . a lawsuit filed in the united states district court for the southern district of west virginia alleges that our catlettsburg , kentucky , refinery distributed contaminated gasoline to wholesalers and retailers for a period prior to august , 2003 , causing permanent damage to storage tanks , dispensers and related equipment , resulting in lost profits , business disruption and personal and real property damages . following the incident , we conducted remediation operations at affected facilities , and we deny that any permanent damages resulted from the incident . class action certification was granted in august 2007 . we have entered into a tentative settlement agreement in this case . notice of the proposed settlement has been sent to the class members . approval by the court after a fairness hearing is required before the settlement can be finalized . the fairness hearing is scheduled in the first quarter of 2009 . the proposed settlement will not significantly impact our consolidated results of operations , financial position or cash flows . guarantees 2013 we have provided certain guarantees , direct and indirect , of the indebtedness of other companies . under the terms of most of these guarantee arrangements , we would be required to perform should the guaranteed party fail to fulfill its obligations under the specified arrangements . in addition to these financial guarantees , we also have various performance guarantees related to specific agreements. .
Question: what was average contingent rental amount in millions for the three year period?
Answer:
|
27.66667
|
what was average contingent rental amount in millions for the three year period?
|
{
"options": {
"A": "22",
"B": "27.66667",
"C": "28",
"D": "33"
},
"goldenKey": "B"
}
|
{
"A": "22",
"B": "27.66667",
"C": "28",
"D": "33"
}
|
B
|
finqa767
|
Please answer the given financial question based on the context.
Context: the pnc financial services group , inc . 2013 form 10-k 29 part ii item 5 2013 market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities ( a ) ( 1 ) our common stock is listed on the new york stock exchange and is traded under the symbol 201cpnc . 201d at the close of business on february 15 , 2019 , there were 53986 common shareholders of record . holders of pnc common stock are entitled to receive dividends when declared by our board of directors out of funds legally available for this purpose . our board of directors may not pay or set apart dividends on the common stock until dividends for all past dividend periods on any series of outstanding preferred stock and certain outstanding capital securities issued by the parent company have been paid or declared and set apart for payment . the board of directors presently intends to continue the policy of paying quarterly cash dividends . the amount of any future dividends will depend on economic and market conditions , our financial condition and operating results , and other factors , including contractual restrictions and applicable government regulations and policies ( such as those relating to the ability of bank and non-bank subsidiaries to pay dividends to the parent company and regulatory capital limitations ) . the amount of our dividend is also currently subject to the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve and our primary bank regulators as part of the comprehensive capital analysis and review ( ccar ) process as described in the supervision and regulation section in item 1 of this report . the federal reserve has the power to prohibit us from paying dividends without its approval . for further information concerning dividend restrictions and other factors that could limit our ability to pay dividends , as well as restrictions on loans , dividends or advances from bank subsidiaries to the parent company , see the supervision and regulation section in item 1 , item 1a risk factors , the liquidity and capital management portion of the risk management section in item 7 , and note 10 borrowed funds , note 15 equity and note 18 regulatory matters in the notes to consolidated financial statements in item 8 of this report , which we include here by reference . we include here by reference the information regarding our compensation plans under which pnc equity securities are authorized for issuance as of december 31 , 2018 in the table ( with introductory paragraph and notes ) in item 12 of this report . our stock transfer agent and registrar is : computershare trust company , n.a . 250 royall street canton , ma 02021 800-982-7652 www.computershare.com/pnc registered shareholders may contact computershare regarding dividends and other shareholder services . we include here by reference the information that appears under the common stock performance graph caption at the end of this item 5 . ( a ) ( 2 ) none . ( b ) not applicable . ( c ) details of our repurchases of pnc common stock during the fourth quarter of 2018 are included in the following table : in thousands , except per share data 2018 period total shares purchased ( a ) average price paid per share total shares purchased as part of publicly announced programs ( b ) maximum number of shares that may yet be purchased under the programs ( b ) .
|2018 period|total shares purchased ( a )|average price paid per share|total shares purchased as part of publicly announced programs ( b )|maximum number of shares that may yet be purchased under the programs ( b )|
|october 1 2013 31|1204|$ 128.43|1189|25663|
|november 1 2013 30|1491|$ 133.79|1491|24172|
|december 1 2013 31|3458|$ 119.43|3458|20714|
|total|6153|$ 124.67|||
( a ) includes pnc common stock purchased in connection with our various employee benefit plans generally related to forfeitures of unvested restricted stock awards and shares used to cover employee payroll tax withholding requirements . note 11 employee benefit plans and note 12 stock based compensation plans in the notes to consolidated financial statements in item 8 of this report include additional information regarding our employee benefit and equity compensation plans that use pnc common stock . ( b ) on march 11 , 2015 , we announced that our board of directors approved a stock repurchase program authorization in the amount of 100 million shares of pnc common stock , effective april 1 , 2015 . repurchases are made in open market or privately negotiated transactions and the timing and exact amount of common stock repurchases will depend on a number of factors including , among others , market and general economic conditions , regulatory capital considerations , alternative uses of capital , the potential impact on our credit ratings , and contractual and regulatory limitations , including the results of the supervisory assessment of capital adequacy and capital planning processes undertaken by the federal reserve as part of the ccar process . in june 2018 , we announced share repurchase programs of up to $ 2.0 billion for the four quarter period beginning with the third quarter of 2018 , including repurchases of up to $ 300 million related to stock issuances under employee benefit plans , in accordance with pnc's 2018 capital plan . in november 2018 , we announced an increase to these previously announced programs in the amount of up to $ 900 million in additional common share repurchases . the aggregate repurchase price of shares repurchased during the fourth quarter of 2018 was $ .8 billion . see the liquidity and capital management portion of the risk management section in item 7 of this report for more information on the authorized share repurchase programs for the period july 1 , 2018 through june 30 , 2019 . http://www.computershare.com/pnc .
Question: in the fourth quarter of 2018 what was the percent of the shares bought in december
Answer:
|
0.562
|
in the fourth quarter of 2018 what was the percent of the shares bought in december
|
{
"options": {
"A": "0.187",
"B": "0.281",
"C": "0.437",
"D": "0.562"
},
"goldenKey": "D"
}
|
{
"A": "0.187",
"B": "0.281",
"C": "0.437",
"D": "0.562"
}
|
D
|
finqa768
|
Please answer the given financial question based on the context.
Context: table of contents the company receives a foreign tax credit ( 201cftc 201d ) against its u.s . tax liability for foreign taxes paid by the company including payments from its separate account assets . the separate account ftc is estimated for the current year using information from the most recent filed return , adjusted for the change in the allocation of separate account investments to the international equity markets during the current year . the actual current year ftc can vary from the estimates due to actual ftcs passed through by the mutual funds . the company recorded benefits of $ 16 , $ 11 and $ 17 related to separate account ftc in the years ended december 31 , 2008 , december 31 , 2007 and december 31 , 2006 , respectively . these amounts included benefits related to true- ups of prior years 2019 tax returns of $ 4 , $ 0 and $ 7 in 2008 , 2007 and 2006 respectively . the company 2019s unrecognized tax benefits increased by $ 15 during 2008 as a result of tax positions taken on the company 2019s 2007 tax return and expected to be taken on its 2008 tax return , bringing the total unrecognized tax benefits to $ 91 as of december 31 , 2008 . this entire amount , if it were recognized , would affect the effective tax rate . earnings ( losses ) per common share the following table represents earnings per common share data for the past three years : for additional information on earnings ( losses ) per common share see note 2 of notes to consolidated financial statements . outlooks the hartford provides projections and other forward-looking information in the 201coutlook 201d sections within md&a . the 201coutlook 201d sections contain many forward-looking statements , particularly relating to the company 2019s future financial performance . these forward-looking statements are estimates based on information currently available to the company , are made pursuant to the safe harbor provisions of the private securities litigation reform act of 1995 and are subject to the precautionary statements set forth in the introduction to md&a above . actual results are likely to differ , and in the past have differed , materially from those forecast by the company , depending on the outcome of various factors , including , but not limited to , those set forth in each 201coutlook 201d section and in item 1a , risk factors . outlook during 2008 , the company has been negatively impacted by conditions in the global financial markets and economic conditions in general . as these conditions persist in 2009 , the company would anticipate that it would continue to be negatively impacted , including the effect of rating downgrades that have occurred and those that could occur in the future . see risk factors in item 1a . retail in the long-term , management continues to believe the market for retirement products will expand as individuals increasingly save and plan for retirement . demographic trends suggest that as the 201cbaby boom 201d generation matures , a significant portion of the united states population will allocate a greater percentage of their disposable incomes to saving for their retirement years due to uncertainty surrounding the social security system and increases in average life expectancy . near-term , the industry and the company are experiencing lower variable annuity sales as a result of recent market turbulence and uncertainty in the u.s . financial system . current market pressures are also increasing the expected claim costs , the cost and volatility of hedging programs , and the level of capital needed to support living benefit guarantees . some companies have already begun to increase the price of their guaranteed living benefits and change the level of guarantees offered . in 2009 , the company intends to adjust pricing levels and take certain actions to reduce the risks in its variable annuity product features in order to address the risks and costs associated with variable annuity benefit features in the current economic environment and explore other risk limiting techniques such as increased hedging or other reinsurance structures . competitor reaction , including the extent of competitor risk limiting strategies , is difficult to predict and may result in a decline in retail 2019s market share . significant declines in equity markets and increased equity market volatility are also likely to continue to impact the cost and effectiveness of our gmwb hedging program . continued equity market volatility could result in material losses in our hedging program . for more information on the gmwb hedging program , see the equity risk management section within capital markets risk management . during periods of volatile equity markets , policyholders may allocate more of their variable account assets to the fixed account options and fixed annuities may see increased deposits . in the fourth quarter of 2008 , the company has seen an increase in fixed .
||2008|2007|2006|
|basic earnings ( losses ) per share|$ -8.99 ( 8.99 )|$ 9.32|$ 8.89|
|diluted earnings ( losses ) per share|$ -8.99 ( 8.99 )|$ 9.24|$ 8.69|
|weighted average common shares outstanding ( basic )|306.7|316.3|308.8|
|weighted average common shares outstanding and dilutive potential common shares ( diluted )|306.7|319.1|315.9|
weighted average common shares outstanding and dilutive potential common shares ( diluted ) 306.7 319.1 315.9 .
Question: what is the net income reported in 2007 , ( in millions ) ?
Answer:
|
2947.916
|
what is the net income reported in 2007 , ( in millions ) ?
|
{
"options": {
"A": "2947.916",
"B": "8.99",
"C": "-8.99",
"D": "9.32"
},
"goldenKey": "A"
}
|
{
"A": "2947.916",
"B": "8.99",
"C": "-8.99",
"D": "9.32"
}
|
A
|
finqa769
|
Please answer the given financial question based on the context.
Context: available information . the company 2019s annual reports on form 10-k , quarterly reports on form 10-q , current reports on form 8- k , proxy statements and amendments to those reports are available free of charge through the company 2019s internet website at http://www.everestregroup.com as soon as reasonably practicable after such reports are electronically filed with the securities and exchange commission ( the 201csec 201d ) . item 1a . risk factors in addition to the other information provided in this report , the following risk factors should be considered when evaluating an investment in our securities . if the circumstances contemplated by the individual risk factors materialize , our business , financial condition and results of operations could be materially and adversely affected and the trading price of our common shares could decline significantly . risks relating to our business fluctuations in the financial markets could result in investment losses . prolonged and severe disruptions in the overall public debt and equity markets , such as occurred during 2008 , could result in significant realized and unrealized losses in our investment portfolio . although financial markets have significantly improved since 2008 , they could deteriorate in the future . there could also be disruption in individual market sectors , such as occurred in the energy sector during the fourth quarter of 2014 . such declines in the financial markets could result in significant realized and unrealized losses on investments and could have a material adverse impact on our results of operations , equity , business and insurer financial strength and debt ratings . our results could be adversely affected by catastrophic events . we are exposed to unpredictable catastrophic events , including weather-related and other natural catastrophes , as well as acts of terrorism . any material reduction in our operating results caused by the occurrence of one or more catastrophes could inhibit our ability to pay dividends or to meet our interest and principal payment obligations . subsequent to april 1 , 2010 , we define a catastrophe as an event that causes a loss on property exposures before reinsurance of at least $ 10.0 million , before corporate level reinsurance and taxes . prior to april 1 , 2010 , we used a threshold of $ 5.0 million . by way of illustration , during the past five calendar years , pre-tax catastrophe losses , net of contract specific reinsurance but before cessions under corporate reinsurance programs , were as follows: .
|calendar year:|pre-tax catastrophe losses|
|( dollars in millions )||
|2014|$ 62.2|
|2013|195.0|
|2012|410.0|
|2011|1300.4|
|2010|571.1|
our losses from future catastrophic events could exceed our projections . we use projections of possible losses from future catastrophic events of varying types and magnitudes as a strategic underwriting tool . we use these loss projections to estimate our potential catastrophe losses in certain geographic areas and decide on the placement of retrocessional coverage or other actions to limit the extent of potential losses in a given geographic area . these loss projections are approximations , reliant on a mix of quantitative and qualitative processes , and actual losses may exceed the projections by a material amount , resulting in a material adverse effect on our financial condition and results of operations. .
Question: what was the accumulated pre-tax catastrophe losses from 2010 to 2013 in millions
Answer:
|
2476.5
|
what was the accumulated pre-tax catastrophe losses from 2010 to 2013 in millions
|
{
"options": {
"A": "62.2",
"B": "195.0",
"C": "410.0",
"D": "2476.5"
},
"goldenKey": "D"
}
|
{
"A": "62.2",
"B": "195.0",
"C": "410.0",
"D": "2476.5"
}
|
D
|
finqa771
|
Please answer the given financial question based on the context.
Context: 2006 plan prior to december 5 , 2008 became fully vested and nonforfeitable upon the closing of the acquisition . awards may be granted under the 2006 plan , as amended and restated , after december 5 , 2008 only to employees and consultants of allied waste industries , inc . and its subsidiaries who were not employed by republic services , inc . prior to such date . at december 31 , 2010 , there were approximately 15.3 million shares of common stock reserved for future grants under the 2006 plan . stock options we use a binomial option-pricing model to value our stock option grants . we recognize compensation expense on a straight-line basis over the requisite service period for each separately vesting portion of the award , or to the employee 2019s retirement eligible date , if earlier . expected volatility is based on the weighted average of the most recent one-year volatility and a historical rolling average volatility of our stock over the expected life of the option . the risk-free interest rate is based on federal reserve rates in effect for bonds with maturity dates equal to the expected term of the option . we use historical data to estimate future option exercises , forfeitures and expected life of the options . when appropriate , separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes . the weighted-average estimated fair values of stock options granted during the years ended december 31 , 2010 , 2009 and 2008 were $ 5.28 , $ 3.79 and $ 4.36 per option , respectively , which were calculated using the following weighted-average assumptions: .
||2010|2009|2008|
|expected volatility|28.6% ( 28.6 % )|28.7% ( 28.7 % )|27.3% ( 27.3 % )|
|risk-free interest rate|2.4% ( 2.4 % )|1.4% ( 1.4 % )|1.7% ( 1.7 % )|
|dividend yield|2.9% ( 2.9 % )|3.1% ( 3.1 % )|2.9% ( 2.9 % )|
|expected life ( in years )|4.3|4.2|4.2|
|contractual life ( in years )|7|7|7|
|expected forfeiture rate|3.0% ( 3.0 % )|3.0% ( 3.0 % )|3.0% ( 3.0 % )|
republic services , inc . notes to consolidated financial statements , continued .
Question: from 2009 to 2010 what was the percentage change in the expected volatility
Answer:
|
0.05128
|
from 2009 to 2010 what was the percentage change in the expected volatility
|
{
"options": {
"A": "0.05128",
"B": "0.014",
"C": "0.013",
"D": "0.01428"
},
"goldenKey": "A"
}
|
{
"A": "0.05128",
"B": "0.014",
"C": "0.013",
"D": "0.01428"
}
|
A
|
finqa773
|
Please answer the given financial question based on the context.
Context: 12feb201521095992 performance graph the following graph compares the performance of our common stock with that of the s&p 500 index and the s&p 500 healthcare equipment index . the cumulative total return listed below assumes an initial investment of $ 100 on december 31 , 2009 and reinvestment of dividends . comparison of 5 year cumulative total return rs $ 200 2009 2010 2011 201420132012 edwards lifesciences corporation s&p 500 s&p 500 healthcare equipment december 31 .
|total cumulative return|2010|2011|2012|2013|2014|
|edwards lifesciences|$ 186.16|$ 162.81|$ 207.65|$ 151.43|$ 293.33|
|s&p 500|115.06|117.49|136.30|180.44|205.14|
|s&p 500 healthcare equipment index|96.84|102.07|120.66|153.85|194.33|
.
Question: what was the difference in percentage 5 year cumulative total return between edwards lifesciences corporation and the s&p 500?
Answer:
|
0.8819
|
what was the difference in percentage 5 year cumulative total return between edwards lifesciences corporation and the s&p 500?
|
{
"options": {
"A": "0.8819%",
"B": "8.819%",
"C": "88.19%",
"D": "881.9%"
},
"goldenKey": "A"
}
|
{
"A": "0.8819%",
"B": "8.819%",
"C": "88.19%",
"D": "881.9%"
}
|
A
|
finqa774
|
Please answer the given financial question based on the context.
Context: advance auto parts , inc . and subsidiaries notes to the consolidated financial statements 2013 ( continued ) december 29 , 2007 , december 30 , 2006 and december 31 , 2005 ( in thousands , except per share data ) 11 . stock repurchase program : during fiscal 2007 , the company's board of directors authorized a new stock repurchase program of up to $ 500000 of the company's common stock plus related expenses . the new program cancelled and replaced the remaining portion of the previous $ 300000 stock repurchase program . the program allows the company to repurchase its common stock on the open market or in privately negotiated transactions from time to time in accordance with the requirements of the securities and exchange commission . during fiscal 2007 , the company repurchased 8341 shares of common stock at an aggregate cost of $ 285869 , or an average price of $ 34.27 per share , of which 1330 shares of common stock were repurchased under the previous $ 300000 stock repurchase program . as of december 29 , 2007 , 77 shares have been repurchased at an aggregate cost of $ 2959 and remained unsettled . during fiscal 2007 , the company retired 6329 shares previously repurchased under the stock repurchase programs . at december 29 , 2007 , the company had $ 260567 remaining under the current stock repurchase program . subsequent to december 29 , 2007 , the company repurchased 4563 shares of common stock at an aggregate cost of $ 155350 , or an average price of $ 34.04 per share . during fiscal 2006 , the company retired 5117 shares of common stock which were previously repurchased under the company 2019s prior stock repurchase program . these shares were repurchased during fiscal 2006 and fiscal 2005 at an aggregate cost of $ 192339 , or an average price of $ 37.59 per share . 12 . income taxes : as a result of the adoption of fin 48 on december 31 , 2006 , the company recorded an increase of $ 2275 to the liability for unrecognized tax benefits and a corresponding decrease in its balance of retained earnings . the following table summarizes the activity related to our unrecognized tax benefits for the fiscal year ended december 29 , 2007: .
|balance at december 31 2006|$ 16453|
|gross increases related to prior period tax positions|1279|
|gross decreases related to prior period tax positions|-1853 ( 1853 )|
|gross increases related to current period tax positions|5340|
|settlements|-539 ( 539 )|
|expiration of statute of limitations|-271 ( 271 )|
|balance at december 29 2007|$ 20409|
as of december 29 , 2007 the entire amount of unrecognized tax benefits , if recognized , would reduce the company 2019s annual effective tax rate . with the adoption of fin 48 , the company provides for interest and penalties as a part of income tax expense . during fiscal 2007 , the company accrued potential penalties and interest of $ 709 and $ 1827 , respectively , related to these unrecognized tax benefits . as of december 29 , 2007 , the company has recorded a liability for potential penalties and interest of $ 1843 and $ 4421 , respectively . prior to the adoption of fin 48 , the company classified interest associated with tax contingencies in interest expense . the company has not provided for any penalties associated with tax contingencies unless considered probable of assessment . the company does not expect its unrecognized tax benefits to change significantly over the next 12 months . during the next 12 months , it is possible the company could conclude on $ 2000 to $ 3000 of the contingencies associated with unrecognized tax uncertainties due mainly to settlements and expiration of statute of limitations ( including tax benefits , interest and penalties ) . the majority of these resolutions would be achieved through the completion of current income tax examinations. .
Question: what is the net change in the balance unrecognized tax benefits in 2007?
Answer:
|
3956.0
|
what is the net change in the balance unrecognized tax benefits in 2007?
|
{
"options": {
"A": "16453",
"B": "1279",
"C": "3956",
"D": "20409"
},
"goldenKey": "C"
}
|
{
"A": "16453",
"B": "1279",
"C": "3956",
"D": "20409"
}
|
C
|
finqa776
|
Please answer the given financial question based on the context.
Context: liquidity and capital resources as of december 31 , 2011 , our principal sources of liquidity included cash , cash equivalents , our receivables securitization facility , and our revolving credit facility , as well as the availability of commercial paper and other sources of financing through the capital markets . we had $ 1.8 billion of committed credit available under our credit facility , with no borrowings outstanding as of december 31 , 2011 . we did not make any borrowings under this facility during 2011 . the value of the outstanding undivided interest held by investors under the receivables securitization facility was $ 100 million as of december 31 , 2011 , and is included in our consolidated statements of financial position as debt due after one year . the receivables securitization facility obligates us to maintain an investment grade bond rating . if our bond rating were to deteriorate , it could have an adverse impact on our liquidity . access to commercial paper as well as other capital market financings is dependent on market conditions . deterioration of our operating results or financial condition due to internal or external factors could negatively impact our ability to access capital markets as a source of liquidity . access to liquidity through the capital markets is also dependent on our financial stability . we expect that we will continue to have access to liquidity by issuing bonds to public or private investors based on our assessment of the current condition of the credit markets . at december 31 , 2011 and 2010 , we had a working capital surplus . this reflects a strong cash position , which provides enhanced liquidity in an uncertain economic environment . in addition , we believe we have adequate access to capital markets to meet cash requirements , and we have sufficient financial capacity to satisfy our current liabilities . cash flows millions 2011 2010 2009 .
|cash flowsmillions|2011|2010|2009|
|cash provided by operating activities|$ 5873|$ 4105|$ 3204|
|cash used in investing activities|-3119 ( 3119 )|-2488 ( 2488 )|-2145 ( 2145 )|
|cash used in financing activities|-2623 ( 2623 )|-2381 ( 2381 )|-458 ( 458 )|
|net change in cash and cashequivalents|$ 131|$ -764 ( 764 )|$ 601|
operating activities higher net income and lower cash income tax payments in 2011 increased cash provided by operating activities compared to 2010 . the tax relief , unemployment insurance reauthorization , and job creation act of 2010 , enacted in december 2010 , provided for 100% ( 100 % ) bonus depreciation for qualified investments made during 2011 , and 50% ( 50 % ) bonus depreciation for qualified investments made during 2012 . as a result of the act , the company deferred a substantial portion of its 2011 income tax expense . this deferral decreased 2011 income tax payments , thereby contributing to the positive operating cash flow . in future years , however , additional cash will be used to pay income taxes that were previously deferred . in addition , the adoption of a new accounting standard in january of 2010 changed the accounting treatment for our receivables securitization facility from a sale of undivided interests ( recorded as an operating activity ) to a secured borrowing ( recorded as a financing activity ) , which decreased cash provided by operating activities by $ 400 million in 2010 . higher net income in 2010 increased cash provided by operating activities compared to 2009 . investing activities higher capital investments partially offset by higher proceeds from asset sales in 2011 drove the increase in cash used in investing activities compared to 2010 . higher capital investments and lower proceeds from asset sales in 2010 drove the increase in cash used in investing activities compared to 2009. .
Question: what was the percentage increase in bonus deprecation rates for 2012 capital additions?
Answer:
|
0.5
|
what was the percentage increase in bonus deprecation rates for 2012 capital additions?
|
{
"options": {
"A": "0.1",
"B": "0.2",
"C": "0.3",
"D": "0.5"
},
"goldenKey": "D"
}
|
{
"A": "0.1",
"B": "0.2",
"C": "0.3",
"D": "0.5"
}
|
D
|
finqa777
|
Please answer the given financial question based on the context.
Context: bhge 2017 form 10-k | 27 the short term . we do , however , view the long term economics of the lng industry as positive given our outlook for supply and demand . 2022 refinery , petrochemical and industrial projects : in refining , we believe large , complex refineries should gain advantage in a more competitive , oversupplied landscape in 2018 as the industry globalizes and refiners position to meet local demand and secure export potential . in petrochemicals , we continue to see healthy demand and cost-advantaged supply driving projects forward in 2018 . the industrial market continues to grow as outdated infrastructure is replaced , policy changes come into effect and power is decentralized . we continue to see growing demand across these markets in 2018 . we have other segments in our portfolio that are more correlated with different industrial metrics such as our digital solutions business . overall , we believe our portfolio is uniquely positioned to compete across the value chain , and deliver unique solutions for our customers . we remain optimistic about the long-term economics of the industry , but are continuing to operate with flexibility given our expectations for volatility and changing assumptions in the near term . in 2016 , solar and wind net additions exceeded coal and gas for the first time and it continued throughout 2017 . governments may change or may not continue incentives for renewable energy additions . in the long term , renewables' cost decline may accelerate to compete with new-built fossil capacity , however , we do not anticipate any significant impacts to our business in the foreseeable future . despite the near-term volatility , the long-term outlook for our industry remains strong . we believe the world 2019s demand for energy will continue to rise , and the supply of energy will continue to increase in complexity , requiring greater service intensity and more advanced technology from oilfield service companies . as such , we remain focused on delivering innovative cost-efficient solutions that deliver step changes in operating and economic performance for our customers . business environment the following discussion and analysis summarizes the significant factors affecting our results of operations , financial condition and liquidity position as of and for the year ended december 31 , 2017 , 2016 and 2015 , and should be read in conjunction with the consolidated and combined financial statements and related notes of the company . amounts reported in millions in graphs within this report are computed based on the amounts in hundreds . as a result , the sum of the components reported in millions may not equal the total amount reported in millions due to rounding . we operate in more than 120 countries helping customers find , evaluate , drill , produce , transport and process hydrocarbon resources . our revenue is predominately generated from the sale of products and services to major , national , and independent oil and natural gas companies worldwide , and is dependent on spending by our customers for oil and natural gas exploration , field development and production . this spending is driven by a number of factors , including our customers' forecasts of future energy demand and supply , their access to resources to develop and produce oil and natural gas , their ability to fund their capital programs , the impact of new government regulations and most importantly , their expectations for oil and natural gas prices as a key driver of their cash flows . oil and natural gas prices oil and natural gas prices are summarized in the table below as averages of the daily closing prices during each of the periods indicated. .
||2017|2016|2015|
|brent oil prices ( $ /bbl ) ( 1 )|$ 54.12|$ 43.64|$ 52.32|
|wti oil prices ( $ /bbl ) ( 2 )|50.80|43.29|48.66|
|natural gas prices ( $ /mmbtu ) ( 3 )|2.99|2.52|2.62|
brent oil prices ( $ /bbl ) ( 1 ) $ 54.12 $ 43.64 $ 52.32 wti oil prices ( $ /bbl ) ( 2 ) 50.80 43.29 48.66 natural gas prices ( $ /mmbtu ) ( 3 ) 2.99 2.52 2.62 ( 1 ) energy information administration ( eia ) europe brent spot price per barrel .
Question: what are the natural gas prices as a percentage of wti oil prices in 2017?
Answer:
|
0.05886
|
what are the natural gas prices as a percentage of wti oil prices in 2017?
|
{
"options": {
"A": "0.05886",
"B": "0.05914",
"C": "0.05858",
"D": "0.05942"
},
"goldenKey": "A"
}
|
{
"A": "0.05886",
"B": "0.05914",
"C": "0.05858",
"D": "0.05942"
}
|
A
|
finqa779
|
Please answer the given financial question based on the context.
Context: performance graph the following graph compares the yearly change in the cumulative total stockholder return for our last five full fiscal years , based upon the market price of our common stock , with the cumulative total return on a nasdaq composite index ( u.s . companies ) and a peer group , the nasdaq medical equipment-sic code 3840-3849 index , which is comprised of medical equipment companies , for that period . the performance graph assumes the investment of $ 100 on march 31 , 2006 in our common stock , the nasdaq composite index ( u.s . companies ) and the peer group index , and the reinvestment of any and all dividends. .
||3/31/2006|3/31/2007|3/31/2008|3/31/2009|3/31/2010|3/31/2011|
|abiomed inc|100|105.89|101.86|37.98|80.00|112.64|
|nasdaq composite index|100|103.50|97.41|65.33|102.49|118.86|
|nasdaq medical equipment sic code 3840-3849|100|88.78|84.26|46.12|83.47|91.35|
this graph is not 201csoliciting material 201d under regulation 14a or 14c of the rules promulgated under the securities exchange act of 1934 , is not deemed filed with the securities and exchange commission and is not to be incorporated by reference in any of our filings under the securities act of 1933 , as amended , or the exchange act whether made before or after the date hereof and irrespective of any general incorporation language in any such filing . transfer agent american stock transfer & trust company , 59 maiden lane , new york , ny 10038 , is our stock transfer agent. .
Question: did abiomed inc outperform the nasdaq composite index?
Answer:
|
no
|
did abiomed inc outperform the nasdaq composite index?
|
{
"options": {
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
},
"goldenKey": "B"
}
|
{
"A": "Yes",
"B": "No",
"C": "Cannot be determined",
"D": "Not enough information"
}
|
B
|
finqa780
|
Please answer the given financial question based on the context.
Context: the diluted earnings per share calculation excludes stock options , sars , restricted stock and units and performance units and stock that were anti-dilutive . shares underlying the excluded stock options and sars totaled 10.3 million , 10.2 million and 0.7 million for the years ended december 31 , 2016 , 2015 and 2014 , respectively . for the years ended december 31 , 2016 and 2015 , respectively , 4.5 million and 5.3 million shares of restricted stock and restricted stock units and performance units and performance stock were excluded . 10 . supplemental cash flow information net cash paid for interest and income taxes was as follows for the years ended december 31 , 2016 , 2015 and 2014 ( in thousands ) : .
||2016|2015|2014|
|interest net of capitalized interest|$ 252030|$ 222088|$ 197383|
|income taxes net of refunds received|$ -39293 ( 39293 )|$ 41108|$ 342741|
eog's accrued capital expenditures at december 31 , 2016 , 2015 and 2014 were $ 388 million , $ 416 million and $ 972 million , respectively . non-cash investing activities for the year ended december 31 , 2016 , included $ 3834 million in non-cash additions to eog's oil and gas properties related to the yates transaction ( see note 17 ) . non-cash investing activities for the year ended december 31 , 2014 included non-cash additions of $ 5 million to eog's oil and gas properties as a result of property exchanges . 11 . business segment information eog's operations are all crude oil and natural gas exploration and production related . the segment reporting topic of the asc establishes standards for reporting information about operating segments in annual financial statements . operating segments are defined as components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker , or decision-making group , in deciding how to allocate resources and in assessing performance . eog's chief operating decision-making process is informal and involves the chairman of the board and chief executive officer and other key officers . this group routinely reviews and makes operating decisions related to significant issues associated with each of eog's major producing areas in the united states , trinidad , the united kingdom and china . for segment reporting purposes , the chief operating decision maker considers the major united states producing areas to be one operating segment. .
Question: what is the increase observed in the interest net of capitalized interest during 2015 and 2016?
Answer:
|
0.13482
|
what is the increase observed in the interest net of capitalized interest during 2015 and 2016?
|
{
"options": {
"A": "0.13482",
"B": "0.02947",
"C": "0.05447",
"D": "0.02494"
},
"goldenKey": "A"
}
|
{
"A": "0.13482",
"B": "0.02947",
"C": "0.05447",
"D": "0.02494"
}
|
A
|
finqa781
|
Please answer the given financial question based on the context.
Context: pullmantur during 2013 , we operated four ships with an aggre- gate capacity of approximately 7650 berths under our pullmantur brand , offering cruise itineraries that ranged from four to 12 nights throughout south america , the caribbean and europe . one of these ships , zenith , was redeployed from pullmantur to cdf croisi e8res de france in january 2014 . pullmantur serves the contemporary segment of the spanish , portuguese and latin american cruise markets . pullmantur 2019s strategy is to attract cruise guests from these target markets by providing a variety of cruising options and onboard activities directed at couples and families traveling with children . over the last few years , pullmantur has systematically increased its focus on latin america . in recognition of this , pullmantur recently opened a regional head office in panama to place the operating management closer to its largest and fastest growing market . in order to facilitate pullmantur 2019s ability to focus on its core cruise business , in december 2013 , pullmantur reached an agreement to sell the majority of its inter- est in its land-based tour operations , travel agency and pullmantur air , the closing of which is subject to customary closing conditions . in connection with the agreement , we will retain a 19% ( 19 % ) interest in the non-core businesses . we will retain ownership of the pullmantur aircraft which will be dry leased to pullmantur air . cdf croisi e8res de france in january 2014 , we redeployed zenith from pullmantur to cdf croisi e8res de france . as a result , as of january 2014 , we operate two ships with an aggregate capac- ity of approximately 2750 berths under our cdf croisi e8res de france brand . during the summer of 2014 , cdf croisi e8res de france will operate both ships in europe and , for the first time , the brand will operate in the caribbean during the winter of 2014 . in addition , cdf croisi e8res de france offers seasonal itineraries to the mediterranean . cdf croisi e8res de france is designed to serve the contemporary seg- ment of the french cruise market by providing a brand tailored for french cruise guests . tui cruises tui cruises is designed to serve the contemporary and premium segments of the german cruise market by offering a product tailored for german guests . all onboard activities , services , shore excursions and menu offerings are designed to suit the preferences of this target market . tui cruises operates two ships , mein schiff 1 and mein schiff 2 , with an aggregate capacity of approximately 3800 berths . in addition , tui cruises has two ships on order , each with a capacity of 2500 berths , scheduled for delivery in the second quarter of 2014 and second quarter of 2015 . tui cruises is a joint venture owned 50% ( 50 % ) by us and 50% ( 50 % ) by tui ag , a german tourism and shipping company that also owns 51% ( 51 % ) of tui travel , a british tourism company . industry cruising is considered a well-established vacation sector in the north american market , a growing sec- tor over the long-term in the european market and a developing but promising sector in several other emerging markets . industry data indicates that market penetration rates are still low and that a significant portion of cruise guests carried are first-time cruisers . we believe this presents an opportunity for long-term growth and a potential for increased profitability . the following table details market penetration rates for north america and europe computed based on the number of annual cruise guests as a percentage of the total population : america ( 1 ) europe ( 2 ) .
|year|north america ( 1 )|europe ( 2 )|
|2009|3.0% ( 3.0 % )|1.0% ( 1.0 % )|
|2010|3.1% ( 3.1 % )|1.1% ( 1.1 % )|
|2011|3.4% ( 3.4 % )|1.1% ( 1.1 % )|
|2012|3.3% ( 3.3 % )|1.2% ( 1.2 % )|
|2013|3.4% ( 3.4 % )|1.2% ( 1.2 % )|
( 1 ) source : international monetary fund and cruise line international association based on cruise guests carried for at least two con- secutive nights for years 2009 through 2012 . year 2013 amounts represent our estimates . includes the united states of america and canada . ( 2 ) source : international monetary fund and clia europe , formerly european cruise council , for years 2009 through 2012 . year 2013 amounts represent our estimates . we estimate that the global cruise fleet was served by approximately 436000 berths on approximately 269 ships at the end of 2013 . there are approximately 26 ships with an estimated 71000 berths that are expected to be placed in service in the global cruise market between 2014 and 2018 , although it is also possible that ships could be ordered or taken out of service during these periods . we estimate that the global cruise industry carried 21.3 million cruise guests in 2013 compared to 20.9 million cruise guests carried in 2012 and 20.2 million cruise guests carried in 2011 . part i .
Question: what is the average berths capacity on mein schiff 1 and mein schiff 2?
Answer:
|
1900.0
|
what is the average berths capacity on mein schiff 1 and mein schiff 2?
|
{
"options": {
"A": "1800.0",
"B": "1900.0",
"C": "2000.0",
"D": "2100.0"
},
"goldenKey": "B"
}
|
{
"A": "1800.0",
"B": "1900.0",
"C": "2000.0",
"D": "2100.0"
}
|
B
|
finqa782
|
Please answer the given financial question based on the context.
Context: on november 18 , 2014 , the company entered into a collateralized reinsurance agreement with kilimanjaro to provide the company with catastrophe reinsurance coverage . this agreement is a multi-year reinsurance contract which covers specified earthquake events . the agreement provides up to $ 500000 thousand of reinsurance coverage from earthquakes in the united states , puerto rico and canada . on december 1 , 2015 the company entered into two collateralized reinsurance agreements with kilimanjaro re to provide the company with catastrophe reinsurance coverage . these agreements are multi-year reinsurance contracts which cover named storm and earthquake events . the first agreement provides up to $ 300000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada . the second agreement provides up to $ 325000 thousand of reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada . on april 13 , 2017 the company entered into six collateralized reinsurance agreements with kilimanjaro to provide the company with annual aggregate catastrophe reinsurance coverage . the initial three agreements are four year reinsurance contracts which cover named storm and earthquake events . these agreements provide up to $ 225000 thousand , $ 400000 thousand and $ 325000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada . the subsequent three agreements are five year reinsurance contracts which cover named storm and earthquake events . these agreements provide up to $ 50000 thousand , $ 75000 thousand and $ 175000 thousand , respectively , of annual aggregate reinsurance coverage from named storms and earthquakes in the united states , puerto rico and canada . recoveries under these collateralized reinsurance agreements with kilimanjaro are primarily dependent on estimated industry level insured losses from covered events , as well as , the geographic location of the events . the estimated industry level of insured losses is obtained from published estimates by an independent recognized authority on insured property losses . as of december 31 , 2017 , none of the published insured loss estimates for the 2017 catastrophe events have exceeded the single event retentions under the terms of the agreements that would result in a recovery . in addition , the aggregation of the to-date published insured loss estimates for the 2017 covered events have not exceeded the aggregated retentions for recovery . however , if the published estimates for insured losses for the covered 2017 events increase , the aggregate losses may exceed the aggregate event retentions under the agreements , resulting in a recovery . kilimanjaro has financed the various property catastrophe reinsurance coverages by issuing catastrophe bonds to unrelated , external investors . on april 24 , 2014 , kilimanjaro issued $ 450000 thousand of notes ( 201cseries 2014-1 notes 201d ) . on november 18 , 2014 , kilimanjaro issued $ 500000 thousand of notes ( 201cseries 2014-2 notes 201d ) . on december 1 , 2015 , kilimanjaro issued $ 625000 thousand of notes ( 201cseries 2015-1 notes ) . on april 13 , 2017 , kilimanjaro issued $ 950000 thousand of notes ( 201cseries 2017-1 notes ) and $ 300000 thousand of notes ( 201cseries 2017-2 notes ) . the proceeds from the issuance of the notes listed above are held in reinsurance trust throughout the duration of the applicable reinsurance agreements and invested solely in us government money market funds with a rating of at least 201caaam 201d by standard & poor 2019s . 9 . operating lease agreements the future minimum rental commitments , exclusive of cost escalation clauses , at december 31 , 2017 , for all of the company 2019s operating leases with remaining non-cancelable terms in excess of one year are as follows : ( dollars in thousands ) .
|2018|$ 16990|
|2019|17964|
|2020|17115|
|2021|8035|
|2022|7669|
|thereafter|24668|
|net commitments|$ 92440|
|( some amounts may not reconcile due to rounding. )||
.
Question: what was the total value of notes issued by kilimanjaro in 2014 in thousands
Answer:
|
950000.0
|
what was the total value of notes issued by kilimanjaro in 2014 in thousands
|
{
"options": {
"A": "450000.0",
"B": "500000.0",
"C": "625000.0",
"D": "950000.0"
},
"goldenKey": "D"
}
|
{
"A": "450000.0",
"B": "500000.0",
"C": "625000.0",
"D": "950000.0"
}
|
D
|
finqa784
|
Please answer the given financial question based on the context.
Context: table of contents research and development expense ( 201cr&d 201d ) r&d expense increased 34% ( 34 % ) or $ 449 million to $ 1.8 billion in 2010 compared to 2009 . this increase was due primarily to an increase in headcount and related expenses in the current year to support expanded r&d activities . also contributing to this increase in r&d expense in 2010 was the capitalization in 2009 of software development costs of $ 71 million related to mac os x snow leopard . although total r&d expense increased 34% ( 34 % ) during 2010 , it declined as a percentage of net sales given the 52% ( 52 % ) year-over-year increase in net sales in 2010 . the company continues to believe that focused investments in r&d are critical to its future growth and competitive position in the marketplace and are directly related to timely development of new and enhanced products that are central to the company 2019s core business strategy . as such , the company expects to make further investments in r&d to remain competitive . r&d expense increased 20% ( 20 % ) or $ 224 million to $ 1.3 billion in 2009 compared to 2008 . this increase was due primarily to an increase in headcount in 2009 to support expanded r&d activities and higher stock-based compensation expenses . additionally , $ 71 million of software development costs were capitalized related to mac os x snow leopard and excluded from r&d expense during 2009 , compared to $ 11 million of software development costs capitalized during 2008 . although total r&d expense increased 20% ( 20 % ) during 2009 , it remained relatively flat as a percentage of net sales given the 14% ( 14 % ) increase in revenue in 2009 . selling , general and administrative expense ( 201csg&a 201d ) sg&a expense increased $ 1.4 billion or 33% ( 33 % ) to $ 5.5 billion in 2010 compared to 2009 . this increase was due primarily to the company 2019s continued expansion of its retail segment , higher spending on marketing and advertising programs , increased stock-based compensation expenses and variable costs associated with the overall growth of the company 2019s net sales . sg&a expenses increased $ 388 million or 10% ( 10 % ) to $ 4.1 billion in 2009 compared to 2008 . this increase was due primarily to the company 2019s continued expansion of its retail segment in both domestic and international markets , higher stock-based compensation expense and higher spending on marketing and advertising . other income and expense other income and expense for the three years ended september 25 , 2010 , are as follows ( in millions ) : total other income and expense decreased $ 171 million or 52% ( 52 % ) to $ 155 million during 2010 compared to $ 326 million and $ 620 million in 2009 and 2008 , respectively . the overall decrease in other income and expense is attributable to the significant declines in interest rates on a year- over-year basis , partially offset by the company 2019s higher cash , cash equivalents and marketable securities balances . the weighted average interest rate earned by the company on its cash , cash equivalents and marketable securities was 0.75% ( 0.75 % ) , 1.43% ( 1.43 % ) and 3.44% ( 3.44 % ) during 2010 , 2009 and 2008 , respectively . additionally the company incurred higher premium expenses on its foreign exchange option contracts , which further reduced the total other income and expense . during 2010 , 2009 and 2008 , the company had no debt outstanding and accordingly did not incur any related interest expense . provision for income taxes the company 2019s effective tax rates were 24% ( 24 % ) , 32% ( 32 % ) and 32% ( 32 % ) for 2010 , 2009 and 2008 , respectively . the company 2019s effective rates for these periods differ from the statutory federal income tax rate of 35% ( 35 % ) due .
||2010|2009|2008|
|interest income|$ 311|$ 407|$ 653|
|other income ( expense ) net|-156 ( 156 )|-81 ( 81 )|-33 ( 33 )|
|total other income and expense|$ 155|$ 326|$ 620|
.
Question: for the three year period , what was the average interest income in millions?
Answer:
|
457.0
|
for the three year period , what was the average interest income in millions?
|
{
"options": {
"A": "311",
"B": "407",
"C": "653",
"D": "457"
},
"goldenKey": "D"
}
|
{
"A": "311",
"B": "407",
"C": "653",
"D": "457"
}
|
D
|
finqa785
|
Please answer the given financial question based on the context.
Context: table of contents company stock performance the following graph shows a five-year comparison of cumulative total shareholder return , calculated on a dividend reinvested basis , for the company , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index . the graph assumes $ 100 was invested in each of the company 2019s common stock , the s&p 500 index , the s&p computer hardware index , and the dow jones u.s . technology supersector index as of the market close on september 30 , 2008 . data points on the graph are annual . note that historic stock price performance is not necessarily indicative of future stock price performance . fiscal year ending september 30 . copyright 2013 s&p , a division of the mcgraw-hill companies inc . all rights reserved . copyright 2013 dow jones & co . all rights reserved . *$ 100 invested on 9/30/08 in stock or index , including reinvestment of dividends . september 30 , september 30 , september 30 , september 30 , september 30 , september 30 .
||september 30 2008|september 30 2009|september 30 2010|september 30 2011|september 30 2012|september 30 2013|
|apple inc .|$ 100|$ 163|$ 250|$ 335|$ 589|$ 431|
|s&p 500 index|$ 100|$ 93|$ 103|$ 104|$ 135|$ 161|
|s&p computer hardware index|$ 100|$ 118|$ 140|$ 159|$ 255|$ 197|
|dow jones us technology supersector index|$ 100|$ 111|$ 124|$ 128|$ 166|$ 175|
.
Question: what was the cumulative change in value for apple inc . between 2008 and 2013?
Answer:
|
331.0
|
what was the cumulative change in value for apple inc . between 2008 and 2013?
|
{
"options": {
"A": "68.0",
"B": "150.0",
"C": "331.0",
"D": "431.0"
},
"goldenKey": "C"
}
|
{
"A": "68.0",
"B": "150.0",
"C": "331.0",
"D": "431.0"
}
|
C
|
finqa786
|
Please answer the given financial question based on the context.
Context: the regulatory credit resulting from reduction of the federal corporate income tax rate variance is due to the reduction of the vidalia purchased power agreement regulatory liability by $ 30.5 million and the reduction of the louisiana act 55 financing savings obligation regulatory liabilities by $ 25 million as a result of the enactment of the tax cuts and jobs act , in december 2017 , which lowered the federal corporate income tax rate from 35% ( 35 % ) to 21% ( 21 % ) . the effects of the tax cuts and jobs act are discussed further in note 3 to the financial statements . the grand gulf recovery variance is primarily due to increased recovery of higher operating costs . the louisiana act 55 financing savings obligation variance results from a regulatory charge in 2016 for tax savings to be shared with customers per an agreement approved by the lpsc . the tax savings resulted from the 2010-2011 irs audit settlement on the treatment of the louisiana act 55 financing of storm costs for hurricane gustav and hurricane ike . see note 3 to the financial statements for additional discussion of the settlement and benefit sharing . the volume/weather variance is primarily due to the effect of less favorable weather on residential and commercial sales , partially offset by an increase in industrial usage . the increase in industrial usage is primarily due to new customers in the primary metals industry and expansion projects and an increase in demand for existing customers in the chlor-alkali industry . entergy wholesale commodities following is an analysis of the change in net revenue comparing 2017 to 2016 . amount ( in millions ) .
||amount ( in millions )|
|2016 net revenue|$ 1542|
|fitzpatrick sale|-158 ( 158 )|
|nuclear volume|-89 ( 89 )|
|fitzpatrick reimbursement agreement|57|
|nuclear fuel expenses|108|
|other|9|
|2017 net revenue|$ 1469|
as shown in the table above , net revenue for entergy wholesale commodities decreased by approximately $ 73 million in 2017 primarily due to the absence of net revenue from the fitzpatrick plant after it was sold to exelon in march 2017 and lower volume in the entergy wholesale commodities nuclear fleet resulting from more outage days in 2017 as compared to 2016 . the decrease was partially offset by an increase resulting from the reimbursement agreement with exelon pursuant to which exelon reimbursed entergy for specified out-of-pocket costs associated with preparing for the refueling and operation of fitzpatrick that otherwise would have been avoided had entergy shut down fitzpatrick in january 2017 and a decrease in nuclear fuel expenses primarily related to the impairments of the indian point 2 , indian point 3 , and palisades plants and related assets . revenues received from exelon in 2017 under the reimbursement agreement are offset by other operation and maintenance expenses and taxes other than income taxes and had no effect on net income . see note 14 to the financial statements for discussion of the sale of fitzpatrick , the reimbursement agreement with exelon , and the impairments and related charges . entergy corporation and subsidiaries management 2019s financial discussion and analysis .
Question: what is the percent change in net revenue from 2016 to 2017?
Answer:
|
0.04969
|
what is the percent change in net revenue from 2016 to 2017?
|
{
"options": {
"A": "4.969%",
"B": "4.9699%",
"C": "0.4969%",
"D": "0.04969%"
},
"goldenKey": "D"
}
|
{
"A": "4.969%",
"B": "4.9699%",
"C": "0.4969%",
"D": "0.04969%"
}
|
D
|
finqa787
|
Please answer the given financial question based on the context.
Context: five-year performance comparison 2013 the following graph provides an indicator of cumulative total shareholder returns for the corporation as compared to the peer group index ( described above ) , the dj trans , and the s&p 500 . the graph assumes that $ 100 was invested in the common stock of union pacific corporation and each index on december 31 , 2011 and that all dividends were reinvested . the information below is historical in nature and is not necessarily indicative of future performance . purchases of equity securities 2013 during 2016 , we repurchased 35686529 shares of our common stock at an average price of $ 88.36 . the following table presents common stock repurchases during each month for the fourth quarter of 2016 : period total number of shares purchased [a] average price paid per share total number of shares purchased as part of a publicly announced plan or program [b] maximum number of shares remaining under the plan or program [b] .
|period|total number of shares purchased [a]|average price paid per share|total number of shares purchased as part of a publicly announcedplan or program [b]|maximum number of shares remaining under the plan or program [b]|
|oct . 1 through oct . 31|3501308|$ 92.89|3452500|23769426|
|nov . 1 through nov . 30|2901167|95.68|2876067|20893359|
|dec . 1 through dec . 31|3296652|104.30|3296100|17597259|
|total|9699127|$ 97.60|9624667|n/a|
[a] total number of shares purchased during the quarter includes approximately 74460 shares delivered or attested to upc by employees to pay stock option exercise prices , satisfy excess tax withholding obligations for stock option exercises or vesting of retention units , and pay withholding obligations for vesting of retention shares . [b] effective january 1 , 2014 , our board of directors authorized the repurchase of up to 120 million shares of our common stock by december 31 , 2017 . these repurchases may be made on the open market or through other transactions . our management has sole discretion with respect to determining the timing and amount of these transactions . on november 17 , 2016 , our board of directors approved the early renewal of the share repurchase program , authorizing the repurchase of up to 120 million shares of our common stock by december 31 , 2020 . the new authorization was effective january 1 , 2017 , and replaces the previous authorization , which expired on december 31 , 2016. .
Question: for the fourth quarter of 2016 what was the total number of shares purchased in december
Answer:
|
0.33989
|
for the fourth quarter of 2016 what was the total number of shares purchased in december
|
{
"options": {
"A": "0.3296652",
"B": "0.3296100",
"C": "0.9624667",
"D": "0.33989"
},
"goldenKey": "D"
}
|
{
"A": "0.3296652",
"B": "0.3296100",
"C": "0.9624667",
"D": "0.33989"
}
|
D
|
finqa788
|
Please answer the given financial question based on the context.
Context: entergy louisiana , llc management's financial discussion and analysis net revenue 2008 compared to 2007 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2008 to 2007 . amount ( in millions ) .
||amount ( in millions )|
|2007 net revenue|$ 991.1|
|retail electric price|-17.1 ( 17.1 )|
|purchased power capacity|-12.0 ( 12.0 )|
|net wholesale revenue|-7.4 ( 7.4 )|
|other|4.6|
|2008 net revenue|$ 959.2|
the retail electric price variance is primarily due to the cessation of the interim storm recovery through the formula rate plan upon the act 55 financing of storm costs and a credit passed on to customers as a result of the act 55 storm cost financing , partially offset by increases in the formula rate plan effective october 2007 . refer to "hurricane rita and hurricane katrina" and "state and local rate regulation" below for a discussion of the interim recovery of storm costs , the act 55 storm cost financing , and the formula rate plan filing . the purchased power capacity variance is due to the amortization of deferred capacity costs effective september 2007 as a result of the formula rate plan filing in may 2007 . purchased power capacity costs are offset in base revenues due to a base rate increase implemented to recover incremental deferred and ongoing purchased power capacity charges . see "state and local rate regulation" below for a discussion of the formula rate plan filing . the net wholesale revenue variance is primarily due to provisions recorded for potential rate refunds related to the treatment of interruptible load in pricing entergy system affiliate sales . gross operating revenue and , fuel and purchased power expenses gross operating revenues increased primarily due to an increase of $ 364.7 million in fuel cost recovery revenues due to higher fuel rates offset by decreased usage . the increase was partially offset by a decrease of $ 56.8 million in gross wholesale revenue due to a decrease in system agreement rough production cost equalization credits . fuel and purchased power expenses increased primarily due to increases in the average market prices of natural gas and purchased power , partially offset by a decrease in the recovery from customers of deferred fuel costs. .
Question: what is the net change in net revenue during 2008?
Answer:
|
-31.9
|
what is the net change in net revenue during 2008?
|
{
"options": {
"A": "-17.1",
"B": "-12.0",
"C": "-7.4",
"D": "-31.9"
},
"goldenKey": "D"
}
|
{
"A": "-17.1",
"B": "-12.0",
"C": "-7.4",
"D": "-31.9"
}
|
D
|
finqa789
|
Please answer the given financial question based on the context.
Context: fund collateral , net of the distribution of interest earned to the clearing firms , as well as an increase in trading volumes and the reduction of restricted cash related to the cme clearing europe limited ( cmece ) guaranty the increase in 2016 when compared with 2015 was attributable to higher clearing and transaction fees and market data revenue . investing activities the increases in cash provided by investing activities from 2015 through 2017 were due to proceeds from the sale of bm&fbovespa shares as well as declines in purchases of property and equipment . the increase in 2017 when compared with 2016 was also attributable to the sale of the remaining bolsa mexicana de valores , s.a.b . de c.v . shares . financing activities the increases in cash used by financing activities from 2015 through 2017 were attributable to higher cash dividends declared in 2017 and 2016 . the increase in 2016 was partially offset by proceeds from a finance lease obligation related to the sale leaseback of the datacenter in the first quarter of 2016 . debt instruments the following table summarizes our debt outstanding as of december 31 , 2017: .
|( in millions )|par value|
|fixed rate notes due september 2022 stated rate of 3.00% ( 3.00 % ) ( 1 )|$ 750.0|
|fixed rate notes due march 2025 stated rate of 3.00% ( 3.00 % ) ( 2 )|750.0|
|fixed rate notes due september 2043 stated rate of 5.30% ( 5.30 % ) ( 3 )|750.0|
fixed rate notes due september 2022 , stated rate of 3.00% ( 3.00 % ) ( 1 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 750.0 fixed rate notes due march 2025 , stated rate of 3.00% ( 3.00 % ) ( 2 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750.0 fixed rate notes due september 2043 , stated rate of 5.30% ( 5.30 % ) ( 3 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 750.0 ( 1 ) in august 2012 , we entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 3.32% ( 3.32 % ) . ( 2 ) in december 2014 , we entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable on the notes effectively became fixed at a rate of 3.11% ( 3.11 % ) . ( 3 ) in august 2012 , we entered into a forward-starting interest rate swap agreement that modified the interest obligation associated with these notes so that the interest payable effectively became fixed at a rate of 4.73% ( 4.73 % ) . we maintain a $ 2.3 billion multi-currency revolving senior credit facility with various financial institutions , which matures in november 2022 . the proceeds from this facility can be used for general corporate purposes , which includes providing liquidity for our clearing house in certain circumstances at cme group 2019s discretion and , if necessary , for maturities of commercial paper . as long as we are not in default under this facility , we have the option to increase it up to $ 3.0 billion with the consent of the agent and lenders providing the additional funds . this facility is voluntarily pre-payable from time to time without premium or penalty . under this facility , we are required to remain in compliance with a consolidated net worth test , which is defined as our consolidated shareholders 2019 equity at september 30 , 2017 , giving effect to share repurchases made and special dividends paid during the term of the agreements ( and in no event greater than $ 2.0 billion in aggregate ) , multiplied by 0.65 . we currently do not have any borrowings outstanding under this facility . we maintain a 364-day multi-currency revolving secured credit facility with a consortium of domestic and international banks to be used in certain situations by cme clearing . the facility provides for borrowings of up to $ 7.0 billion . we may use the proceeds to provide temporary liquidity in the unlikely event of a clearing firm default , in the event of a liquidity constraint or default by a depositary ( custodian for our collateral ) , or in the event of a temporary disruption with the domestic payments system that would delay payment of settlement variation between us and our clearing firms . clearing firm guaranty fund contributions received in the form of .
Question: what was the decrease in the interest payable between august 2012 and in december 2014?
Answer:
|
-0.21
|
what was the decrease in the interest payable between august 2012 and in december 2014?
|
{
"options": {
"A": "-0.21",
"B": "0.21",
"C": "-0.11",
"D": "0.11"
},
"goldenKey": "A"
}
|
{
"A": "-0.21",
"B": "0.21",
"C": "-0.11",
"D": "0.11"
}
|
A
|
finqa790
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements 2013 ( continued ) ( amounts in millions , except per share amounts ) guarantees we have guaranteed certain obligations of our subsidiaries relating principally to operating leases and credit facilities of certain subsidiaries . the amount of parent company guarantees on lease obligations was $ 410.3 and $ 385.1 as of december 31 , 2012 and 2011 , respectively , and the amount of parent company guarantees primarily relating to credit facilities was $ 283.4 and $ 327.5 as of december 31 , 2012 and 2011 , respectively . in the event of non-payment by the applicable subsidiary of the obligations covered by a guarantee , we would be obligated to pay the amounts covered by that guarantee . as of december 31 , 2012 , there were no material assets pledged as security for such parent company guarantees . contingent acquisition obligations the following table details the estimated future contingent acquisition obligations payable in cash as of december 31 .
||2013|2014|2015|2016|2017|thereafter|total|
|deferred acquisition payments|$ 26.0|$ 12.4|$ 9.7|$ 46.4|$ 18.9|$ 2.0|$ 115.4|
|redeemable noncontrolling interests and call options with affiliates1|20.5|43.8|32.9|5.7|2.2|10.6|115.7|
|total contingent acquisition payments|46.5|56.2|42.6|52.1|21.1|12.6|231.1|
|less : cash compensation expense included above|-0.7 ( 0.7 )|-0.6 ( 0.6 )|-0.8 ( 0.8 )|-0.2 ( 0.2 )|0.0|0.0|-2.3 ( 2.3 )|
|total|$ 45.8|$ 55.6|$ 41.8|$ 51.9|$ 21.1|$ 12.6|$ 228.8|
1 we have entered into certain acquisitions that contain both redeemable noncontrolling interests and call options with similar terms and conditions . we have certain redeemable noncontrolling interests that are exercisable at the discretion of the noncontrolling equity owners as of december 31 , 2012 . these estimated payments of $ 16.4 are included within the total payments expected to be made in 2013 , and will continue to be carried forward into 2014 or beyond until exercised or expired . redeemable noncontrolling interests are included in the table at current exercise price payable in cash , not at applicable redemption value in accordance with the authoritative guidance for classification and measurement of redeemable securities . the estimated amounts listed would be paid in the event of exercise at the earliest exercise date . see note 6 for further information relating to the payment structure of our acquisitions . all payments are contingent upon achieving projected operating performance targets and satisfying other conditions specified in the related agreements and are subject to revisions as the earn-out periods progress . legal matters we are involved in various legal proceedings , and subject to investigations , inspections , audits , inquiries and similar actions by governmental authorities , arising in the normal course of business . we evaluate all cases each reporting period and record liabilities for losses from legal proceedings when we determine that it is probable that the outcome in a legal proceeding will be unfavorable and the amount , or potential range , of loss can be reasonably estimated . in certain cases , we cannot reasonably estimate the potential loss because , for example , the litigation is in its early stages . while any outcome related to litigation or such governmental proceedings in which we are involved cannot be predicted with certainty , management believes that the outcome of these matters , individually and in the aggregate , will not have a material adverse effect on our financial condition , results of operations or cash flows . note 15 : recent accounting standards impairment of indefinite-lived intangible assets in july 2012 , the financial accounting standards board ( 201cfasb 201d ) issued amended guidance to simplify impairment testing of indefinite-lived intangible assets other than goodwill . the amended guidance permits an entity to first assess qualitative factors to determine whether it is 201cmore likely than not 201d that the indefinite-lived intangible asset is impaired . if , after assessing qualitative factors , an entity concludes that it is not 201cmore likely than not 201d that the indefinite-lived intangible .
Question: in 2013 what was the percent of future contingent acquisition obligations payable in cash for deferred acquisition payments
Answer:
|
0.56769
|
in 2013 what was the percent of future contingent acquisition obligations payable in cash for deferred acquisition payments
|
{
"options": {
"A": "5.6769%",
"B": "56.769%",
"C": "0.056769%",
"D": "0.56769%"
},
"goldenKey": "D"
}
|
{
"A": "5.6769%",
"B": "56.769%",
"C": "0.056769%",
"D": "0.56769%"
}
|
D
|
finqa791
|
Please answer the given financial question based on the context.
Context: determined that it will primarily be subject to the ietu in future periods , and as such it has recorded tax expense of approximately $ 20 million in 2007 for the deferred tax effects of the new ietu system . as of december 31 , 2007 , the company had us federal net operating loss carryforwards of approximately $ 206 million which will begin to expire in 2023 . of this amount , $ 47 million relates to the pre-acquisition period and is subject to limitation . the remaining $ 159 million is subject to limitation as a result of the change in stock ownership in may 2006 . this limitation is not expected to have a material impact on utilization of the net operating loss carryforwards . the company also had foreign net operating loss carryforwards as of december 31 , 2007 of approximately $ 564 million for canada , germany , mexico and other foreign jurisdictions with various expiration dates . net operating losses in canada have various carryforward periods and began expiring in 2007 . net operating losses in germany have no expiration date . net operating losses in mexico have a ten year carryforward period and begin to expire in 2009 . however , these losses are not available for use under the new ietu tax regulations in mexico . as the ietu is the primary system upon which the company will be subject to tax in future periods , no deferred tax asset has been reflected in the balance sheet as of december 31 , 2007 for these income tax loss carryforwards . the company adopted the provisions of fin 48 effective january 1 , 2007 . fin 48 clarifies the accounting for income taxes by prescribing a minimum recognition threshold a tax benefit is required to meet before being recognized in the financial statements . fin 48 also provides guidance on derecognition , measurement , classification , interest and penalties , accounting in interim periods , disclosure and transition . as a result of the implementation of fin 48 , the company increased retained earnings by $ 14 million and decreased goodwill by $ 2 million . in addition , certain tax liabilities for unrecognized tax benefits , as well as related potential penalties and interest , were reclassified from current liabilities to long-term liabilities . liabilities for unrecognized tax benefits as of december 31 , 2007 relate to various us and foreign jurisdictions . a reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows : year ended december 31 , 2007 ( in $ millions ) .
||year ended december 31 2007 ( in $ millions )|
|balance as of january 1 2007|193|
|increases in tax positions for the current year|2|
|increases in tax positions for prior years|28|
|decreases in tax positions of prior years|-21 ( 21 )|
|settlements|-2 ( 2 )|
|balance as of december 31 2007|200|
included in the unrecognized tax benefits of $ 200 million as of december 31 , 2007 is $ 56 million of tax benefits that , if recognized , would reduce the company 2019s effective tax rate . the company recognizes interest and penalties related to unrecognized tax benefits in the provision for income taxes . as of december 31 , 2007 , the company has recorded a liability of approximately $ 36 million for interest and penalties . this amount includes an increase of approximately $ 13 million for the year ended december 31 , 2007 . the company operates in the united states ( including multiple state jurisdictions ) , germany and approximately 40 other foreign jurisdictions including canada , china , france , mexico and singapore . examinations are ongoing in a number of those jurisdictions including , most significantly , in germany for the years 2001 to 2004 . during the quarter ended march 31 , 2007 , the company received final assessments in germany for the prior examination period , 1997 to 2000 . the effective settlement of those examinations resulted in a reduction to goodwill of approximately $ 42 million with a net expected cash outlay of $ 29 million . the company 2019s celanese corporation and subsidiaries notes to consolidated financial statements 2014 ( continued ) %%transmsg*** transmitting job : y48011 pcn : 122000000 ***%%pcmsg|f-49 |00023|yes|no|02/26/2008 22:07|0|0|page is valid , no graphics -- color : d| .
Question: what is the percent of interest and penalties as part of the unrecognized tax benefits as of december 312007
Answer:
|
0.018
|
what is the percent of interest and penalties as part of the unrecognized tax benefits as of december 312007
|
{
"options": {
"A": "0.09",
"B": "0.07",
"C": "0.018",
"D": "0.036"
},
"goldenKey": "C"
}
|
{
"A": "0.09",
"B": "0.07",
"C": "0.018",
"D": "0.036"
}
|
C
|
finqa792
|
Please answer the given financial question based on the context.
Context: the following is a list of distribution locations including the approximate square footage and if the location is leased or owned: .
|distribution facility location|approximate square footage|owned/leased facility|
|franklin kentucky|833000|owned|
|pendleton indiana|764000|owned|
|macon georgia|684000|owned|
|waco texas|666000|owned|
|casa grande arizona|650000|owned|
|hagerstown maryland ( a )|482000|owned|
|hagerstown maryland ( a )|309000|leased|
|waverly nebraska|422000|owned|
|seguin texas ( b )|71000|owned|
|lakewood washington|64000|leased|
|longview texas ( b )|63000|owned|
longview , texas ( b ) 63000 owned ( a ) the leased facility in hagerstown is treated as an extension of the existing owned hagerstown location and is not considered a separate distribution center . ( b ) this is a mixing center designed to process certain high-volume bulk products . the company 2019s store support center occupies approximately 260000 square feet of owned building space in brentwood , tennessee , and the company 2019s merchandising innovation center occupies approximately 32000 square feet of leased building space in nashville , tennessee . the company also leases approximately 8000 square feet of building space for the petsense corporate headquarters located in scottsdale , arizona . in fiscal 2017 , we began construction on a new northeast distribution center in frankfort , new york , as well as an expansion of our existing distribution center in waverly , nebraska , which will provide additional distribution capacity once construction is completed . item 3 . legal proceedings item 103 of sec regulation s-k requires disclosure of certain environmental legal proceedings if the proceeding reasonably involves potential monetary sanctions of $ 100000 or more . we periodically receive information requests and notices of potential noncompliance with environmental laws and regulations from governmental agencies , which are addressed on a case-by-case basis with the relevant agency . the company received a subpoena from the district attorney of yolo county , california , requesting records and information regarding its hazardous waste management and disposal practices in california . the company and the office of the district attorney of yolo county engaged in settlement discussions which resulted in the settlement of the matter . a consent decree reflecting the terms of settlement was filed with the yolo county superior court on june 23 , 2017 . under the settlement , the company agreed to a compliance plan and also agreed to pay a civil penalty and fund supplemental environmental projects furthering consumer protection and environmental enforcement in california . the civil penalty did not differ materially from the amount accrued . the cost of the settlement and the compliance with the consent decree will not have a material effect on our consolidated financial position , results of operations or cash flows . the company is also involved in various litigation matters arising in the ordinary course of business . the company believes that any estimated loss related to such matters has been adequately provided for in accrued liabilities to the extent probable and reasonably estimable . accordingly , the company currently expects these matters will be resolved without material adverse effect on its consolidated financial position , results of operations or cash flows . item 4 . mine safety disclosures not applicable. .
Question: what is the total square footage of properties charged to sg&a and not cost of sales?
Answer:
|
300000.0
|
what is the total square footage of properties charged to sg&a and not cost of sales?
|
{
"options": {
"A": "833000",
"B": "764000",
"C": "684000",
"D": "300000"
},
"goldenKey": "D"
}
|
{
"A": "833000",
"B": "764000",
"C": "684000",
"D": "300000"
}
|
D
|
finqa794
|
Please answer the given financial question based on the context.
Context: advance auto parts , inc . schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period . these amounts did not impact the company 2019s statement of operations for any year presented . note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
|allowance for doubtful accounts receivable:|balance atbeginningof period|charges toexpenses|deductions||balance atend ofperiod|
|january 3 2015|$ 13295|$ 17182|$ -14325 ( 14325 )|-1 ( 1 )|$ 16152|
|january 2 2016|16152|22067|-12461 ( 12461 )|-1 ( 1 )|25758|
|december 31 2016|25758|24597|-21191 ( 21191 )|-1 ( 1 )|29164|
advance auto parts , inc . schedule ii - valuation and qualifying accounts ( in thousands ) allowance for doubtful accounts receivable : balance at beginning of period charges to expenses deductions balance at end of period january 3 , 2015 $ 13295 $ 17182 $ ( 14325 ) ( 1 ) $ 16152 january 2 , 2016 16152 22067 ( 12461 ) ( 1 ) 25758 december 31 , 2016 25758 24597 ( 21191 ) ( 1 ) 29164 ( 1 ) accounts written off during the period . these amounts did not impact the company 2019s statement of operations for any year presented . note : other valuation and qualifying accounts have not been reported in this schedule because they are either not applicable or because the information has been included elsewhere in this report. .
Question: what is the percentage change in the balance of allowance for doubtful accounts receivable during 2015?
Answer:
|
0.21489
|
what is the percentage change in the balance of allowance for doubtful accounts receivable during 2015?
|
{
"options": {
"A": "0.21489%",
"B": "2.1489%",
"C": "21.489%",
"D": "214.89%"
},
"goldenKey": "A"
}
|
{
"A": "0.21489%",
"B": "2.1489%",
"C": "21.489%",
"D": "214.89%"
}
|
A
|
finqa795
|
Please answer the given financial question based on the context.
Context: the weighted average grant date fair value of options granted during 2012 , 2011 , and 2010 was $ 13 , $ 19 and $ 20 per share , respectively . the total intrinsic value of options exercised during the years ended december 31 , 2012 , 2011 and 2010 , was $ 19.0 million , $ 4.2 million and $ 15.6 million , respectively . in 2012 , the company granted 931340 shares of restricted class a common stock and 4048 shares of restricted stock units . restricted common stock and restricted stock units generally have a vesting period of 2 to 4 years . the fair value related to these grants was $ 54.5 million , which is recognized as compensation expense on an accelerated basis over the vesting period . beginning with restricted stock grants in september 2010 , dividends are accrued on restricted class a common stock and restricted stock units and are paid once the restricted stock vests . in 2012 , the company also granted 138410 performance shares . the fair value related to these grants was $ 7.7 million , which is recognized as compensation expense on an accelerated and straight-lined basis over the vesting period . the vesting of these shares is contingent on meeting stated performance or market conditions . the following table summarizes restricted stock , restricted stock units , and performance shares activity for 2012 : number of shares weighted average grant date fair value outstanding at december 31 , 2011 . . . . . . . . . . . . . . 1432610 $ 57 .
||number of shares|weightedaveragegrant datefair value|
|outstanding at december 31 2011|1432610|$ 57|
|granted|1073798|54|
|vested|-366388 ( 366388 )|55|
|cancelled|-226493 ( 226493 )|63|
|outstanding at december 31 2012|1913527|54|
outstanding at december 31 , 2012 . . . . . . . . . . . . . . 1913527 54 the total fair value of restricted stock , restricted stock units , and performance shares that vested during the years ended december 31 , 2012 , 2011 and 2010 , was $ 20.9 million , $ 11.6 million and $ 10.3 million , respectively . eligible employees may acquire shares of class a common stock using after-tax payroll deductions made during consecutive offering periods of approximately six months in duration . shares are purchased at the end of each offering period at a price of 90% ( 90 % ) of the closing price of the class a common stock as reported on the nasdaq global select market . compensation expense is recognized on the dates of purchase for the discount from the closing price . in 2012 , 2011 and 2010 , a total of 27768 , 32085 and 21855 shares , respectively , of class a common stock were issued to participating employees . these shares are subject to a six-month holding period . annual expense of $ 0.1 million , $ 0.2 million and $ 0.1 million for the purchase discount was recognized in 2012 , 2011 and 2010 , respectively . non-executive directors receive an annual award of class a common stock with a value equal to $ 75000 . non-executive directors may also elect to receive some or all of the cash portion of their annual stipend , up to $ 25000 , in shares of stock based on the closing price at the date of distribution . as a result , 40260 , 40585 and 37350 shares of class a common stock were issued to non-executive directors during 2012 , 2011 and 2010 , respectively . these shares are not subject to any vesting restrictions . expense of $ 2.2 million , $ 2.1 million and $ 2.4 million related to these stock-based payments was recognized for the years ended december 31 , 2012 , 2011 and 2010 , respectively . 19 . fair value measurements in general , the company uses quoted prices in active markets for identical assets to determine the fair value of marketable securities and equity investments . level 1 assets generally include u.s . treasury securities , equity securities listed in active markets , and investments in publicly traded mutual funds with quoted market prices . if quoted prices are not available to determine fair value , the company uses other inputs that are directly observable . assets included in level 2 generally consist of asset- backed securities , municipal bonds , u.s . government agency securities and interest rate swap contracts . asset-backed securities , municipal bonds and u.s . government agency securities were measured at fair value based on matrix pricing using prices of similar securities with similar inputs such as maturity dates , interest rates and credit ratings . the company determined the fair value of its interest rate swap contracts using standard valuation models with market-based observable inputs including forward and spot exchange rates and interest rate curves. .
Question: in 2012 what was the percentage increase in the number of shares outstanding
Answer:
|
0.0
|
in 2012 what was the percentage increase in the number of shares outstanding
|
{
"options": {
"A": "0.0%",
"B": "12.0%",
"C": "33.3%",
"D": "40.0%"
},
"goldenKey": "A"
}
|
{
"A": "0.0%",
"B": "12.0%",
"C": "33.3%",
"D": "40.0%"
}
|
A
|
finqa796
|
Please answer the given financial question based on the context.
Context: sales of unregistered securities not applicable . repurchase of equity securities the following table provides information regarding our purchases of our equity securities during the period from october 1 , 2016 to december 31 , 2016 . total number of shares ( or units ) purchased 1 average price paid per share ( or unit ) 2 total number of shares ( or units ) purchased as part of publicly announced plans or programs 3 maximum number ( or approximate dollar value ) of shares ( or units ) that may yet be purchased under the plans or programs 3 .
||total number ofshares ( or units ) purchased1|average price paidper share ( or unit ) 2|total number ofshares ( or units ) purchased as part ofpublicly announcedplans or programs3|maximum number ( orapproximate dollar value ) of shares ( or units ) that may yet be purchasedunder the plans orprograms3|
|october 1 - 31|2099169|$ 22.28|2099169|$ 218620420|
|november 1 - 30|1454402|$ 22.79|1453049|$ 185500851|
|december 1 - 31|1269449|$ 23.93|1258700|$ 155371301|
|total|4823020|$ 22.87|4810918||
1 included shares of our common stock , par value $ 0.10 per share , withheld under the terms of grants under employee stock-based compensation plans to offset tax withholding obligations that occurred upon vesting and release of restricted shares ( the 201cwithheld shares 201d ) . we repurchased no withheld shares in october 2016 , 1353 withheld shares in november 2016 and 10749 withheld shares in december 2016 , for a total of 12102 withheld shares during the three-month period . 2 the average price per share for each of the months in the fiscal quarter and for the three-month period was calculated by dividing the sum of the applicable period of the aggregate value of the tax withholding obligations and the aggregate amount we paid for shares acquired under our share repurchase program , described in note 5 to the consolidated financial statements , by the sum of the number of withheld shares and the number of shares acquired in our share repurchase program . 3 in february 2016 , the board authorized a share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock ( the 201c2016 share repurchase program 201d ) . on february 10 , 2017 , we announced that our board had approved a new share repurchase program to repurchase from time to time up to $ 300.0 million , excluding fees , of our common stock . the new authorization is in addition to any amounts remaining for repurchase under the 2016 share repurchase program . there is no expiration date associated with the share repurchase programs. .
Question: how is the treasury stock affected after the stock repurchases in the last three months of 2016 , ( in millions ) ?
Answer:
|
110.30247
|
how is the treasury stock affected after the stock repurchases in the last three months of 2016 , ( in millions ) ?
|
{
"options": {
"A": "110.30247",
"B": "218.62042",
"C": "185.50085",
"D": "155.37130"
},
"goldenKey": "A"
}
|
{
"A": "110.30247",
"B": "218.62042",
"C": "185.50085",
"D": "155.37130"
}
|
A
|
finqa797
|
Please answer the given financial question based on the context.
Context: 60 the pnc financial services group , inc . 2013 form 10-k liquidity and capital management liquidity risk has two fundamental components . the first is potential loss assuming we were unable to meet our funding requirements at a reasonable cost . the second is the potential inability to operate our businesses because adequate contingent liquidity is not available . we manage liquidity risk at the consolidated company level ( bank , parent company , and nonbank subsidiaries combined ) to help ensure that we can obtain cost-effective funding to meet current and future obligations under both normal 201cbusiness as usual 201d and stressful circumstances , and to help ensure that we maintain an appropriate level of contingent liquidity . management monitors liquidity through a series of early warning indicators that may indicate a potential market , or pnc-specific , liquidity stress event . in addition , management performs a set of liquidity stress tests over multiple time horizons with varying levels of severity and maintains a contingency funding plan to address a potential liquidity stress event . in the most severe liquidity stress simulation , we assume that our liquidity position is under pressure , while the market in general is under systemic pressure . the simulation considers , among other things , the impact of restricted access to both secured and unsecured external sources of funding , accelerated run-off of customer deposits , valuation pressure on assets and heavy demand to fund committed obligations . parent company liquidity guidelines are designed to help ensure that sufficient liquidity is available to meet our parent company obligations over the succeeding 24-month period . liquidity-related risk limits are established within our enterprise liquidity management policy and supporting policies . management committees , including the asset and liability committee , and the board of directors and its risk committee regularly review compliance with key established limits . in addition to these liquidity monitoring measures and tools described above , we also monitor our liquidity by reference to the liquidity coverage ratio ( lcr ) which is further described in the supervision and regulation section in item 1 of this report . pnc and pnc bank calculate the lcr on a daily basis and as of december 31 , 2017 , the lcr for pnc and pnc bank exceeded the fully phased-in requirement of we provide additional information regarding regulatory liquidity requirements and their potential impact on us in the supervision and regulation section of item 1 business and item 1a risk factors of this report . sources of liquidity our largest source of liquidity on a consolidated basis is the customer deposit base generated by our banking businesses . these deposits provide relatively stable and low-cost funding . total deposits increased to $ 265.1 billion at december 31 , 2017 from $ 257.2 billion at december 31 , 2016 , driven by higher consumer and commercial deposits . consumer deposits reflected in part a shift from money market deposits to relationship-based savings products . commercial deposits reflected a shift from demand deposits to money market deposits primarily due to higher interest rates in 2017 . additionally , certain assets determined by us to be liquid and unused borrowing capacity from a number of sources are also available to manage our liquidity position . at december 31 , 2017 , our liquid assets consisted of short- term investments ( federal funds sold , resale agreements , trading securities and interest-earning deposits with banks ) totaling $ 33.0 billion and securities available for sale totaling $ 57.6 billion . the level of liquid assets fluctuates over time based on many factors , including market conditions , loan and deposit growth and balance sheet management activities . of our total liquid assets of $ 90.6 billion , we had $ 3.2 billion of securities available for sale and trading securities pledged as collateral to secure public and trust deposits , repurchase agreements and for other purposes . in addition , $ 4.9 billion of securities held to maturity were also pledged as collateral for these purposes . we also obtain liquidity through various forms of funding , including long-term debt ( senior notes , subordinated debt and fhlb advances ) and short-term borrowings ( securities sold under repurchase agreements , commercial paper and other short-term borrowings ) . see note 10 borrowed funds and the funding sources section of the consolidated balance sheet review in this report for additional information related to our borrowings . total senior and subordinated debt , on a consolidated basis , increased due to the following activity : table 25 : senior and subordinated debt .
|in billions|2017|
|january 1|$ 31.0|
|issuances|7.1|
|calls and maturities|-4.6 ( 4.6 )|
|other|-.2 ( .2 )|
|december 31|$ 33.3|
.
Question: 2017 ending total liquid assets were what percent of total senior and subordinated debt?
Answer:
|
2.72072
|
2017 ending total liquid assets were what percent of total senior and subordinated debt?
|
{
"options": {
"A": "0.272072",
"B": "2.72072",
"C": "27.2072",
"D": "272.072"
},
"goldenKey": "B"
}
|
{
"A": "0.272072",
"B": "2.72072",
"C": "27.2072",
"D": "272.072"
}
|
B
|
finqa799
|
Please answer the given financial question based on the context.
Context: performance graph the performance graph below shows the five-year cumulative total stockholder return on applied common stock during the period from october 28 , 2007 through october 28 , 2012 . this is compared with the cumulative total return of the standard & poor 2019s 500 stock index and the rdg semiconductor composite index over the same period . the comparison assumes $ 100 was invested on october 28 , 2007 in applied common stock and in each of the foregoing indices and assumes reinvestment of dividends , if any . dollar amounts in the graph are rounded to the nearest whole dollar . the performance shown in the graph represents past performance and should not be considered an indication of future performance . comparison of 5 year cumulative total return* among applied materials , inc. , the s&p 500 index and the rdg semiconductor composite index * $ 100 invested on 10/28/07 in stock or 10/31/07 in index , including reinvestment of dividends . indexes calculated on month-end basis . copyright a9 2012 s&p , a division of the mcgraw-hill companies inc . all rights reserved. .
||10/28/2007|10/26/2008|10/25/2009|10/31/2010|10/30/2011|10/28/2012|
|applied materials|100.00|61.22|71.06|69.23|72.37|62.92|
|s&p 500 index|100.00|63.90|70.17|81.76|88.37|101.81|
|rdg semiconductor composite index|100.00|54.74|68.59|84.46|91.33|82.37|
dividends during fiscal 2012 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.09 per share each and one quarterly cash dividend in the amount of $ 0.08 per share . during fiscal 2011 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.08 per share each and one quarterly cash dividend in the amount of $ 0.07 per share . during fiscal 2010 , applied 2019s board of directors declared three quarterly cash dividends in the amount of $ 0.07 per share each and one quarterly cash dividend in the amount of $ 0.06 . dividends declared during fiscal 2012 , 2011 and 2010 amounted to $ 438 million , $ 408 million and $ 361 million , respectively . applied currently anticipates that it will continue to pay cash dividends on a quarterly basis in the future , although the declaration and amount of any future cash dividends are at the discretion of the board of directors and will depend on applied 2019s financial condition , results of operations , capital requirements , business conditions and other factors , as well as a determination that cash dividends are in the best interests of applied 2019s stockholders . 10/28/07 10/26/08 10/25/09 10/31/10 10/30/11 10/28/12 applied materials , inc . s&p 500 rdg semiconductor composite .
Question: for how many common stock shares did the company pay dividends in 2012 , ( in millions ) ?
Answer:
|
1251.42857
|
for how many common stock shares did the company pay dividends in 2012 , ( in millions ) ?
|
{
"options": {
"A": "438 million",
"B": "408 million",
"C": "361 million",
"D": "1251.42857 million"
},
"goldenKey": "D"
}
|
{
"A": "438 million",
"B": "408 million",
"C": "361 million",
"D": "1251.42857 million"
}
|
D
|
finqa800
|
Please answer the given financial question based on the context.
Context: republic services , inc . notes to consolidated financial statements 2014 ( continued ) 12 . share repurchases and dividends share repurchases share repurchase activity during the years ended december 31 , 2018 and 2017 follows ( in millions except per share amounts ) : .
||2018|2017|
|number of shares repurchased|10.7|9.6|
|amount paid|$ 736.9|$ 610.7|
|weighted average cost per share|$ 69.06|$ 63.84|
as of december 31 , 2018 , there were no repurchased shares pending settlement . in october 2017 , our board of directors added $ 2.0 billion to the existing share repurchase authorization that now extends through december 31 , 2020 . share repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable federal securities laws . while the board of directors has approved the program , the timing of any purchases , the prices and the number of shares of common stock to be purchased will be determined by our management , at its discretion , and will depend upon market conditions and other factors . the share repurchase program may be extended , suspended or discontinued at any time . as of december 31 , 2018 , the remaining authorized purchase capacity under our october 2017 repurchase program was $ 1.1 billion . dividends in october 2018 , our board of directors approved a quarterly dividend of $ 0.375 per share . cash dividends declared were $ 468.4 million , $ 446.3 million and $ 423.8 million for the years ended december 31 , 2018 , 2017 and 2016 , respectively . as of december 31 , 2018 , we recorded a quarterly dividend payable of $ 121.0 million to shareholders of record at the close of business on january 2 , 2019 . 13 . earnings per share basic earnings per share is computed by dividing net income attributable to republic services , inc . by the weighted average number of common shares ( including vested but unissued rsus ) outstanding during the period . diluted earnings per share is based on the combined weighted average number of common shares and common share equivalents outstanding , which include , where appropriate , the assumed exercise of employee stock options , unvested rsus and unvested psus at the expected attainment levels . we use the treasury stock method in computing diluted earnings per share. .
Question: what was the total cash dividend declared from 2016 to 2018
Answer:
|
1338.5
|
what was the total cash dividend declared from 2016 to 2018
|
{
"options": {
"A": "423.8 million",
"B": "446.3 million",
"C": "468.4 million",
"D": "1338.5 million"
},
"goldenKey": "D"
}
|
{
"A": "423.8 million",
"B": "446.3 million",
"C": "468.4 million",
"D": "1338.5 million"
}
|
D
|
finqa801
|
Please answer the given financial question based on the context.
Context: table of contents item 1b . unresolved staff comments item 2 . properties a summary of our significant locations at december 31 , 2015 is shown in the following table . square footage amounts are net of space that has been sublet or is part of a facility restructuring. .
|location|approximate square footage|
|alpharetta georgia|260000|
|jersey city new jersey|109000|
|arlington virginia|102000|
|sandy utah|66000|
|menlo park california|63000|
|new york new york|52000|
all facilities are leased at december 31 , 2015 . all of our facilities are used by either our trading and investing or balance sheet management segments , in addition to the corporate/other category . all other leased facilities with space of less than 25000 square feet are not listed by location . in addition to the significant facilities above , we also lease all 30 regional branches , ranging in space from approximately 2500 to 8000 square feet . item 3 . legal proceedings information in response to this item can be found under the heading "legal matters" in note 19 2014 commitments , contingencies and other regulatory matters to part ii . item 8 . financial statements and supplementary data in this annual report and is incorporated by reference into this item . item 4 . mine safety disclosures not applicable. .
Question: as of december 31 , 2015 what was the ratio of the square footage in alpharetta georgia to jersey city new jersey
Answer:
|
2.38532
|
as of december 31 , 2015 what was the ratio of the square footage in alpharetta georgia to jersey city new jersey
|
{
"options": {
"A": "1.38532",
"B": "2.38532",
"C": "3.38532",
"D": "4.38532"
},
"goldenKey": "B"
}
|
{
"A": "1.38532",
"B": "2.38532",
"C": "3.38532",
"D": "4.38532"
}
|
B
|
finqa802
|
Please answer the given financial question based on the context.
Context: entergy louisiana , llc and subsidiaries management 2019s financial discussion and analysis results of operations net income 2016 compared to 2015 net income increased $ 175.4 million primarily due to the effect of a settlement with the irs related to the 2010-2011 irs audit , which resulted in a $ 136.1 million reduction of income tax expense . also contributing to the increase were lower other operation and maintenance expenses , higher net revenue , and higher other income . the increase was partially offset by higher depreciation and amortization expenses , higher interest expense , and higher nuclear refueling outage expenses . 2015 compared to 2014 net income increased slightly , by $ 0.6 million , primarily due to higher net revenue and a lower effective income tax rate , offset by higher other operation and maintenance expenses , higher depreciation and amortization expenses , lower other income , and higher interest expense . net revenue 2016 compared to 2015 net revenue consists of operating revenues net of : 1 ) fuel , fuel-related expenses , and gas purchased for resale , 2 ) purchased power expenses , and 3 ) other regulatory charges . following is an analysis of the change in net revenue comparing 2016 to 2015 . amount ( in millions ) .
||amount ( in millions )|
|2015 net revenue|$ 2408.8|
|retail electric price|69.0|
|transmission equalization|-6.5 ( 6.5 )|
|volume/weather|-6.7 ( 6.7 )|
|louisiana act 55 financing savings obligation|-17.2 ( 17.2 )|
|other|-9.0 ( 9.0 )|
|2016 net revenue|$ 2438.4|
the retail electric price variance is primarily due to an increase in formula rate plan revenues , implemented with the first billing cycle of march 2016 , to collect the estimated first-year revenue requirement related to the purchase of power blocks 3 and 4 of the union power station . see note 2 to the financial statements for further discussion . the transmission equalization variance is primarily due to changes in transmission investments , including entergy louisiana 2019s exit from the system agreement in august 2016 . the volume/weather variance is primarily due to the effect of less favorable weather on residential sales , partially offset by an increase in industrial usage and an increase in volume during the unbilled period . the increase .
Question: if the same changes to net income that occured in 2015 compared to 2014 recurred in 2016 , what would 2016 net revenue have been?
Answer:
|
2439.0
|
if the same changes to net income that occured in 2015 compared to 2014 recurred in 2016 , what would 2016 net revenue have been?
|
{
"options": {
"A": "2439.0",
"B": "2438.8",
"C": "2438.6",
"D": "2438.4"
},
"goldenKey": "A"
}
|
{
"A": "2439.0",
"B": "2438.8",
"C": "2438.6",
"D": "2438.4"
}
|
A
|
finqa803
|
Please answer the given financial question based on the context.
Context: management 2019s discussion and analysis of financial condition and results of operations ( continued ) funding deposits : we provide products and services including custody , accounting , administration , daily pricing , foreign exchange services , cash management , financial asset management , securities finance and investment advisory services . as a provider of these products and services , we generate client deposits , which have generally provided a stable , low-cost source of funds . as a global custodian , clients place deposits with state street entities in various currencies . we invest these client deposits in a combination of investment securities and short- duration financial instruments whose mix is determined by the characteristics of the deposits . for the past several years , we have experienced higher client deposit inflows toward the end of the quarter or the end of the year . as a result , we believe average client deposit balances are more reflective of ongoing funding than period-end balances . table 33 : client deposits average balance december 31 , year ended december 31 .
|( in millions )|december 31 , 2014|december 31 , 2013|december 31 , 2014|2013|
|client deposits ( 1 )|$ 195276|$ 182268|$ 167470|$ 143043|
client deposits ( 1 ) $ 195276 $ 182268 $ 167470 $ 143043 ( 1 ) balance as of december 31 , 2014 excluded term wholesale certificates of deposit , or cds , of $ 13.76 billion ; average balances for the year ended december 31 , 2014 and 2013 excluded average cds of $ 6.87 billion and $ 2.50 billion , respectively . short-term funding : our corporate commercial paper program , under which we can issue up to $ 3.0 billion of commercial paper with original maturities of up to 270 days from the date of issuance , had $ 2.48 billion and $ 1.82 billion of commercial paper outstanding as of december 31 , 2014 and 2013 , respectively . our on-balance sheet liquid assets are also an integral component of our liquidity management strategy . these assets provide liquidity through maturities of the assets , but more importantly , they provide us with the ability to raise funds by pledging the securities as collateral for borrowings or through outright sales . in addition , our access to the global capital markets gives us the ability to source incremental funding at reasonable rates of interest from wholesale investors . as discussed earlier under 201casset liquidity , 201d state street bank's membership in the fhlb allows for advances of liquidity with varying terms against high-quality collateral . short-term secured funding also comes in the form of securities lent or sold under agreements to repurchase . these transactions are short-term in nature , generally overnight , and are collateralized by high-quality investment securities . these balances were $ 8.93 billion and $ 7.95 billion as of december 31 , 2014 and 2013 , respectively . state street bank currently maintains a line of credit with a financial institution of cad $ 800 million , or approximately $ 690 million as of december 31 , 2014 , to support its canadian securities processing operations . the line of credit has no stated termination date and is cancelable by either party with prior notice . as of december 31 , 2014 , there was no balance outstanding on this line of credit . long-term funding : as of december 31 , 2014 , state street bank had board authority to issue unsecured senior debt securities from time to time , provided that the aggregate principal amount of such unsecured senior debt outstanding at any one time does not exceed $ 5 billion . as of december 31 , 2014 , $ 4.1 billion was available for issuance pursuant to this authority . as of december 31 , 2014 , state street bank also had board authority to issue an additional $ 500 million of subordinated debt . we maintain an effective universal shelf registration that allows for the public offering and sale of debt securities , capital securities , common stock , depositary shares and preferred stock , and warrants to purchase such securities , including any shares into which the preferred stock and depositary shares may be convertible , or any combination thereof . we have issued in the past , and we may issue in the future , securities pursuant to our shelf registration . the issuance of debt or equity securities will depend on future market conditions , funding needs and other factors . agency credit ratings our ability to maintain consistent access to liquidity is fostered by the maintenance of high investment-grade ratings as measured by the major independent credit rating agencies . factors essential to maintaining high credit ratings include diverse and stable core earnings ; relative market position ; strong risk management ; strong capital ratios ; diverse liquidity sources , including the global capital markets and client deposits ; strong liquidity monitoring procedures ; and preparedness for current or future regulatory developments . high ratings limit borrowing costs and enhance our liquidity by providing assurance for unsecured funding and depositors , increasing the potential market for our debt and improving our ability to offer products , serve markets , and engage in transactions in which clients value high credit ratings . a downgrade or reduction of our credit ratings could have a material adverse effect on our liquidity by restricting our ability to access the capital .
Question: what is the percent change in average cds that were excluded between 2013 and 2014?
Answer:
|
1.748
|
what is the percent change in average cds that were excluded between 2013 and 2014?
|
{
"options": {
"A": "1.748%",
"B": "1.748",
"C": "1.748 million",
"D": "1.748 billion"
},
"goldenKey": "A"
}
|
{
"A": "1.748%",
"B": "1.748",
"C": "1.748 million",
"D": "1.748 billion"
}
|
A
|
finqa805
|
Please answer the given financial question based on the context.
Context: frequency ( aehf ) system , orion , global positioning satellite ( gps ) iii system , geostationary operational environmental satellite r-series ( goes-r ) , and mobile user objective system ( muos ) . operating profit for our space systems business segment includes our share of earnings for our investment in united launch alliance ( ula ) , which provides expendable launch services to the u.s . government . space systems 2019 operating results included the following ( in millions ) : .
||2013|2012|2011|
|net sales|$ 7958|$ 8347|$ 8161|
|operating profit|1045|1083|1063|
|operating margins|13.1% ( 13.1 % )|13.0% ( 13.0 % )|13.0% ( 13.0 % )|
|backlog at year-end|20500|18100|16000|
2013 compared to 2012 space systems 2019 net sales for 2013 decreased $ 389 million , or 5% ( 5 % ) , compared to 2012 . the decrease was primarily attributable to lower net sales of approximately $ 305 million for commercial satellite programs due to fewer deliveries ( zero delivered during 2013 compared to two for 2012 ) ; and about $ 290 million for the orion program due to lower volume . the decreases were partially offset by higher net sales of approximately $ 130 million for government satellite programs due to net increased volume ; and about $ 65 million for strategic and defensive missile programs ( primarily fbm ) due to increased volume and risk retirements . the increase for government satellite programs was primarily attributable to higher volume on aehf and other programs , partially offset by lower volume on goes-r , muos , and sbirs programs . space systems 2019 operating profit for 2013 decreased $ 38 million , or 4% ( 4 % ) , compared to 2012 . the decrease was primarily attributable to lower operating profit of approximately $ 50 million for the orion program due to lower volume and risk retirements and about $ 30 million for government satellite programs due to decreased risk retirements , which were partially offset by higher equity earnings from joint ventures of approximately $ 35 million . the decrease in operating profit for government satellite programs was primarily attributable to lower risk retirements for muos , gps iii , and other programs , partially offset by higher risk retirements for the sbirs and aehf programs . operating profit for 2013 included about $ 15 million of charges , net of recoveries , related to the november 2013 restructuring plan . adjustments not related to volume , including net profit booking rate adjustments and other matters , were approximately $ 15 million lower for 2013 compared to 2012 . 2012 compared to 2011 space systems 2019 net sales for 2012 increased $ 186 million , or 2% ( 2 % ) , compared to 2011 . the increase was attributable to higher net sales of approximately $ 150 million due to increased commercial satellite deliveries ( two commercial satellites delivered in 2012 compared to one during 2011 ) ; about $ 125 million from the orion program due to higher volume and an increase in risk retirements ; and approximately $ 70 million from increased volume on various strategic and defensive missile programs . partially offsetting the increases were lower net sales of approximately $ 105 million from certain government satellite programs ( primarily sbirs and muos ) as a result of decreased volume and a decline in risk retirements ; and about $ 55 million from the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 . space systems 2019 operating profit for 2012 increased $ 20 million , or 2% ( 2 % ) , compared to 2011 . the increase was attributable to higher operating profit of approximately $ 60 million from commercial satellite programs due to increased deliveries and reserves recorded in 2011 ; and about $ 40 million from the orion program due to higher risk retirements and increased volume . partially offsetting the increases was lower operating profit of approximately $ 45 million from lower volume and risk retirements on certain government satellite programs ( primarily sbirs ) ; about $ 20 million from lower risk retirements and lower volume on the nasa external tank program , which ended in connection with the completion of the space shuttle program in 2011 ; and approximately $ 20 million from lower equity earnings as a decline in launch related activities at ula partially was offset by the resolution of contract cost matters associated with the wind-down of united space alliance ( usa ) . adjustments not related to volume , including net profit booking rate adjustments described above , were approximately $ 15 million higher for 2012 compared to 2011 . equity earnings total equity earnings recognized by space systems ( primarily ula in 2013 ) represented approximately $ 300 million , or 29% ( 29 % ) of this segment 2019s operating profit during 2013 . during 2012 and 2011 , total equity earnings recognized by space systems from ula , usa , and the u.k . atomic weapons establishment joint venture represented approximately $ 265 million and $ 285 million , or 24% ( 24 % ) and 27% ( 27 % ) of this segment 2019s operating profit. .
Question: what were average net sales for space systems from 2011 to 2013 in millions?
Answer:
|
8155.33333
|
what were average net sales for space systems from 2011 to 2013 in millions?
|
{
"options": {
"A": "7958",
"B": "8347",
"C": "8161",
"D": "8155.33333"
},
"goldenKey": "D"
}
|
{
"A": "7958",
"B": "8347",
"C": "8161",
"D": "8155.33333"
}
|
D
|
finqa806
|
Please answer the given financial question based on the context.
Context: as of 30 september 2016 and 2015 , there were no assets or liabilities classified as discontinued operations relating to the homecare business . 5 . business restructuring and cost reduction actions the charges we record for business restructuring and cost reduction actions have been excluded from segment operating income . cost reduction actions in fiscal year 2016 , we recognized an expense of $ 33.9 ( $ 24.0 after-tax , or $ .11 per share ) for severance and other benefits related to cost reduction actions which resulted in the elimination of approximately 700 positions . the expenses related primarily to the industrial gases 2013 americas and the industrial gases 2013 emea segments . the following table summarizes the carrying amount of the accrual for cost reduction actions at 30 september severance and other benefits .
||severance and other benefits|
|2016 charge|$ 33.9|
|amount reflected in pension liability|-.9 ( .9 )|
|cash expenditures|-20.4 ( 20.4 )|
|currency translation adjustment|.3|
|30 september 2016|$ 12.9|
business realignment and reorganization on 18 september 2014 , we announced plans to reorganize the company , including realignment of our businesses in new reporting segments and other organizational changes , effective as of 1 october 2014 . as a result of this reorganization , we incurred severance and other charges . in fiscal year 2015 , we recognized an expense of $ 207.7 ( $ 153.2 after-tax , or $ .71 per share ) . severance and other benefits totaled $ 151.9 and related to the elimination of approximately 2000 positions . asset and associated contract actions totaled $ 55.8 and related primarily to a plant shutdown in the corporate and other segment and the exit of product lines within the industrial gases 2013 global and materials technologies segments . the 2015 charges related to the segments as follows : $ 31.7 in industrial gases 2013 americas , $ 52.2 in industrial gases 2013 emea , $ 10.3 in industrial gases 2013 asia , $ 37.0 in industrial gases 2013 global , $ 27.6 in materials technologies , and $ 48.9 in corporate and other . during the fourth quarter of 2014 , an expense of $ 12.7 ( $ 8.2 after-tax , or $ .04 per share ) was incurred relating to the elimination of approximately 50 positions . the 2014 charge related to the segments as follows : $ 2.9 in industrial gases 2013 americas , $ 3.1 in industrial gases 2013 emea , $ 1.5 in industrial gases 2013 asia , $ 1.5 in industrial gases 2013 global , $ 1.6 in materials technologies , and $ 2.1 in corporate and other. .
Question: considering the years 2015-2016 , what was the decrease observed in the expense for severance and other benefits?
Answer:
|
-0.83678
|
considering the years 2015-2016 , what was the decrease observed in the expense for severance and other benefits?
|
{
"options": {
"A": "-0.83678",
"B": "-0.83679",
"C": "-0.83677",
"D": "-0.83676"
},
"goldenKey": "A"
}
|
{
"A": "-0.83678",
"B": "-0.83679",
"C": "-0.83677",
"D": "-0.83676"
}
|
A
|
finqa807
|
Please answer the given financial question based on the context.
Context: westrock company notes to consolidated financial statements 2014 ( continued ) note 20 . stockholders 2019 equity capitalization our capital stock consists solely of common stock . holders of our common stock are entitled to one vote per share . our amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued . the terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation . stock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 . the shares of our common stock may be repurchased over an indefinite period of time at the discretion of management . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . in fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million . as of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock . note 21 . share-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan . the 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) . the amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors . the table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) . shares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation . the number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 . in addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 . ( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans . we issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended . the awards were converted into westrock awards using the conversion factor as described in the business combination agreement . ( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan . the awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .
||shares available for issuance|shares available for future grant|shares to be issued if performance is achieved at maximum|expect to make new awards|
|amended and restated 2016 incentive stock plan ( 1 )|11.7|5.1|2.3|yes|
|2004 incentive stock plan ( 1 ) ( 2 )|15.8|3.1|0.0|no|
|2005 performance incentive plan ( 1 ) ( 2 )|12.8|9.0|0.0|no|
|rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 )|7.9|5.9|0.0|no|
westrock company notes to consolidated financial statements 2014 ( continued ) note 20 . stockholders 2019 equity capitalization our capital stock consists solely of common stock . holders of our common stock are entitled to one vote per share . our amended and restated certificate of incorporation also authorizes preferred stock , of which no shares have been issued . the terms and provisions of such shares will be determined by our board of directors upon any issuance of such shares in accordance with our certificate of incorporation . stock repurchase plan in july 2015 , our board of directors authorized a repurchase program of up to 40.0 million shares of our common stock , representing approximately 15% ( 15 % ) of our outstanding common stock as of july 1 , 2015 . the shares of our common stock may be repurchased over an indefinite period of time at the discretion of management . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . in fiscal 2017 , we repurchased approximately 1.8 million shares of our common stock for an aggregate cost of $ 93.0 million . as of september 30 , 2019 , we had remaining authorization under the repurchase program authorized in july 2015 to purchase approximately 19.1 million shares of our common stock . note 21 . share-based compensation share-based compensation plans at our annual meeting of stockholders held on february 2 , 2016 , our stockholders approved the westrock company 2016 incentive stock plan . the 2016 incentive stock plan was amended and restated on february 2 , 2018 ( the 201camended and restated 2016 incentive stock plan 201d ) . the amended and restated 2016 incentive stock plan allows for the granting of options , restricted stock , sars and restricted stock units to certain key employees and directors . the table below shows the approximate number of shares : available for issuance , available for future grant , to be issued if restricted awards granted with a performance condition recorded at target achieve the maximum award , and if new grants pursuant to the plan are expected to be issued , each as adjusted as necessary for corporate actions ( in millions ) . shares available issuance shares available for future shares to be issued if performance is achieved at maximum expect to awards amended and restated 2016 incentive stock plan ( 1 ) 11.7 5.1 2.3 yes 2004 incentive stock plan ( 1 ) ( 2 ) 15.8 3.1 0.0 no 2005 performance incentive plan ( 1 ) ( 2 ) 12.8 9.0 0.0 no rocktenn ( sscc ) equity inventive plan ( 1 ) ( 3 ) 7.9 5.9 0.0 no ( 1 ) as part of the separation , equity-based incentive awards were generally adjusted to maintain the intrinsic value of awards immediately prior to the separation . the number of unvested restricted stock awards and unexercised stock options and sars at the time of the separation were increased by an exchange factor of approximately 1.12 . in addition , the exercise price of unexercised stock options and sars at the time of the separation was converted to decrease the exercise price by an exchange factor of approximately 1.12 . ( 2 ) in connection with the combination , westrock assumed all rocktenn and mwv equity incentive plans . we issued awards to certain key employees and our directors pursuant to our rocktenn 2004 incentive stock plan , as amended , and our mwv 2005 performance incentive plan , as amended . the awards were converted into westrock awards using the conversion factor as described in the business combination agreement . ( 3 ) in connection with the smurfit-stone acquisition , we assumed the smurfit-stone equity incentive plan , which was renamed the rock-tenn company ( sscc ) equity incentive plan . the awards were converted into shares of rocktenn common stock , options and restricted stock units , as applicable , using the conversion factor as described in the merger agreement. .
Question: what was the average stock price in 2019? ( $ )
Answer:
|
42.19048
|
what was the average stock price in 2019? ( $ )
|
{
"options": {
"A": "41.19048",
"B": "42.19048",
"C": "43.19048",
"D": "44.19048"
},
"goldenKey": "B"
}
|
{
"A": "41.19048",
"B": "42.19048",
"C": "43.19048",
"D": "44.19048"
}
|
B
|
finqa808
|
Please answer the given financial question based on the context.
Context: nike , inc . notes to consolidated financial statements 2014 ( continued ) such agreements in place . however , based on the company 2019s historical experience and the estimated probability of future loss , the company has determined that the fair value of such indemnifications is not material to the company 2019s financial position or results of operations . in the ordinary course of its business , the company is involved in various legal proceedings involving contractual and employment relationships , product liability claims , trademark rights , and a variety of other matters . the company does not believe there are any pending legal proceedings that will have a material impact on the company 2019s financial position or results of operations . note 16 2014 restructuring charges during the fourth quarter of fiscal 2009 , the company took necessary steps to streamline its management structure , enhance consumer focus , drive innovation more quickly to market and establish a more scalable , long-term cost structure . as a result , the company reduced its global workforce by approximately 5% ( 5 % ) and incurred pre-tax restructuring charges of $ 195 million , primarily consisting of severance costs related to the workforce reduction . as nearly all of the restructuring activities were completed in the fourth quarter of fiscal 2009 , the company does not expect to recognize additional costs in future periods relating to these actions . the restructuring charge is reflected in the corporate expense line in the segment presentation of pre-tax income in note 19 2014 operating segments and related information . the activity in the restructuring accrual for the year ended may 31 , 2009 is as follows ( in millions ) : .
|restructuring accrual 2014 june 1 2008|$ 2014|
|severance and related costs|195.0|
|cash payments|-29.4 ( 29.4 )|
|non-cash stock option and restricted stock expense|-19.5 ( 19.5 )|
|foreign currency translation and other|3.5|
|restructuring accrual 2014 may 31 2009|$ 149.6|
the accrual balance as of may 31 , 2009 will be relieved throughout fiscal year 2010 and early 2011 , as severance payments are completed . the restructuring accrual is included in accrued liabilities in the consolidated balance sheet . as part of its restructuring activities , the company reorganized its nike brand operations geographic structure . in fiscal 2009 , 2008 and 2007 , nike brand operations were organized into the following four geographic regions : u.s. , europe , middle east and africa ( collectively , 201cemea 201d ) , asia pacific , and americas . in the fourth quarter of 2009 , the company initiated a reorganization of the nike brand business into a new operating model . as a result of this reorganization , beginning in the first quarter of fiscal 2010 , the nike brand operations will consist of the following six geographies : north america , western europe , central/eastern europe , greater china , japan , and emerging markets . note 17 2014 divestitures on december 17 , 2007 , the company completed the sale of the starter brand business to iconix brand group , inc . for $ 60.0 million in cash . this transaction resulted in a gain of $ 28.6 million during the year ended may 31 , 2008. .
Question: what was the percentage gain on the sale of starter brand business?
Answer:
|
0.91083
|
what was the percentage gain on the sale of starter brand business?
|
{
"options": {
"A": "0.91083%",
"B": "0.091083%",
"C": "9.1083%",
"D": "91.083%"
},
"goldenKey": "A"
}
|
{
"A": "0.91083%",
"B": "0.091083%",
"C": "9.1083%",
"D": "91.083%"
}
|
A
|
finqa809
|
Please answer the given financial question based on the context.
Context: synopsys , inc . notes to consolidated financial statements 2014continued the aggregate purchase price consideration was approximately us$ 417.0 million . as of october 31 , 2012 , the total purchase consideration and the preliminary purchase price allocation were as follows: .
||( in thousands )|
|cash paid|$ 373519|
|fair value of shares to be acquired through a follow-on merger|34054|
|fair value of equity awards allocated to purchase consideration|9383|
|total purchase consideration|$ 416956|
|goodwill|247482|
|identifiable intangibles assets acquired|108867|
|cash and other assets acquired|137222|
|liabilities assumed|-76615 ( 76615 )|
|total purchase allocation|$ 416956|
goodwill of $ 247.5 million , which is generally not deductible for tax purposes , primarily resulted from the company 2019s expectation of sales growth and cost synergies from the integration of springsoft 2019s technology and operations with the company 2019s technology and operations . identifiable intangible assets , consisting primarily of technology , customer relationships , backlog and trademarks , were valued using the income method , and are being amortized over three to eight years . acquisition-related costs directly attributable to the business combination were $ 6.6 million for fiscal 2012 and were expensed as incurred in the consolidated statements of operations . these costs consisted primarily of employee separation costs and professional services . fair value of equity awards : pursuant to the merger agreement , the company assumed all the unvested outstanding stock options of springsoft upon the completion of the merger and the vested options were exchanged for cash in the merger . on october 1 , 2012 , the date of the completion of the tender offer , the fair value of the awards to be assumed and exchanged was $ 9.9 million , calculated using the black-scholes option pricing model . the black-scholes option-pricing model incorporates various subjective assumptions including expected volatility , expected term and risk-free interest rates . the expected volatility was estimated by a combination of implied and historical stock price volatility of the options . non-controlling interest : non-controlling interest represents the fair value of the 8.4% ( 8.4 % ) of outstanding springsoft shares that were not acquired during the tender offer process completed on october 1 , 2012 and the fair value of the option awards that were to be assumed or exchanged for cash upon the follow-on merger . the fair value of the non-controlling interest included as part of the aggregate purchase consideration was $ 42.8 million and is disclosed as a separate line in the october 31 , 2012 consolidated statements of stockholders 2019 equity . during the period between the completion of the tender offer and the end of the company 2019s fiscal year on october 31 , 2012 , the non-controlling interest was adjusted by $ 0.5 million to reflect the non-controlling interest 2019s share of the operating loss of springsoft in that period . as the amount is not significant , it has been included as part of other income ( expense ) , net , in the consolidated statements of operations. .
Question: what percentage of total purchase allocation is goodwill?
Answer:
|
0.59354
|
what percentage of total purchase allocation is goodwill?
|
{
"options": {
"A": "0.59354%",
"B": "0.5935%",
"C": "59.354%",
"D": "59.35%"
},
"goldenKey": "A"
}
|
{
"A": "0.59354%",
"B": "0.5935%",
"C": "59.354%",
"D": "59.35%"
}
|
A
|
finqa810
|
Please answer the given financial question based on the context.
Context: entergy corporation and subsidiaries notes to financial statements amount ( in millions ) .
||amount ( in millions )|
|plant ( including nuclear fuel )|$ 727|
|decommissioning trust funds|252|
|other assets|41|
|total assets acquired|1020|
|purchased power agreement ( below market )|420|
|decommissioning liability|220|
|other liabilities|44|
|total liabilities assumed|684|
|net assets acquired|$ 336|
subsequent to the closing , entergy received approximately $ 6 million from consumers energy company as part of the post-closing adjustment defined in the asset sale agreement . the post-closing adjustment amount resulted in an approximately $ 6 million reduction in plant and a corresponding reduction in other liabilities . for the ppa , which was at below-market prices at the time of the acquisition , non-utility nuclear will amortize a liability to revenue over the life of the agreement . the amount that will be amortized each period is based upon the difference between the present value calculated at the date of acquisition of each year's difference between revenue under the agreement and revenue based on estimated market prices . amounts amortized to revenue were $ 53 million in 2009 , $ 76 million in 2008 , and $ 50 million in 2007 . the amounts to be amortized to revenue for the next five years will be $ 46 million for 2010 , $ 43 million for 2011 , $ 17 million in 2012 , $ 18 million for 2013 , and $ 16 million for 2014 . nypa value sharing agreements non-utility nuclear's purchase of the fitzpatrick and indian point 3 plants from nypa included value sharing agreements with nypa . in october 2007 , non-utility nuclear and nypa amended and restated the value sharing agreements to clarify and amend certain provisions of the original terms . under the amended value sharing agreements , non-utility nuclear will make annual payments to nypa based on the generation output of the indian point 3 and fitzpatrick plants from january 2007 through december 2014 . non-utility nuclear will pay nypa $ 6.59 per mwh for power sold from indian point 3 , up to an annual cap of $ 48 million , and $ 3.91 per mwh for power sold from fitzpatrick , up to an annual cap of $ 24 million . the annual payment for each year's output is due by january 15 of the following year . non-utility nuclear will record its liability for payments to nypa as power is generated and sold by indian point 3 and fitzpatrick . an amount equal to the liability will be recorded to the plant asset account as contingent purchase price consideration for the plants . in 2009 , 2008 , and 2007 , non-utility nuclear recorded $ 72 million as plant for generation during each of those years . this amount will be depreciated over the expected remaining useful life of the plants . in august 2008 , non-utility nuclear entered into a resolution of a dispute with nypa over the applicability of the value sharing agreements to its fitzpatrick and indian point 3 nuclear power plants after the planned spin-off of the non-utility nuclear business . under the resolution , non-utility nuclear agreed not to treat the separation as a "cessation event" that would terminate its obligation to make the payments under the value sharing agreements . as a result , after the spin-off transaction , enexus will continue to be obligated to make payments to nypa under the amended and restated value sharing agreements. .
Question: what is the total amount amortized to revenue in the last three years , ( in millions ) ?
Answer:
|
179.0
|
what is the total amount amortized to revenue in the last three years , ( in millions ) ?
|
{
"options": {
"A": "53.0",
"B": "76.0",
"C": "50.0",
"D": "179.0"
},
"goldenKey": "D"
}
|
{
"A": "53.0",
"B": "76.0",
"C": "50.0",
"D": "179.0"
}
|
D
|
finqa811
|
Please answer the given financial question based on the context.
Context: during the 2015 annual review of goodwill , management proceeded directly to the two-step quantitative impairment test for two reporting units as follows : global rolled products segment and the soft alloys extrusion business in brazil ( hereafter 201csae 201d ) , which is included in the transportation and construction solutions segment . the estimated fair value of the global rolled products segment was substantially in excess of its respective carrying value , resulting in no impairment . for sae , the estimated fair value as determined by the dcf model was lower than the associated carrying value . as a result , management performed the second step of the impairment analysis in order to determine the implied fair value of the sae reporting unit 2019s goodwill . the results of the second-step analysis showed that the implied fair value of the goodwill was zero . therefore , in the fourth quarter of 2015 , alcoa recorded a goodwill impairment of $ 25 . the impairment of the sae goodwill resulted from headwinds from the recent downturn in the brazilian economy and the continued erosion of gross margin despite the execution of cost reduction strategies . as a result of the goodwill impairment , there is no goodwill remaining for the sae reporting unit . goodwill impairment tests in prior years indicated that goodwill was not impaired for any of the company 2019s reporting units , except for the primary metals segment in 2013 ( see below ) , and there were no triggering events since that time that necessitated an impairment test . in 2013 , for primary metals , the estimated fair value as determined by the dcf model was lower than the associated carrying value . as a result , management performed the second step of the impairment analysis in order to determine the implied fair value of primary metals 2019 goodwill . the results of the second-step analysis showed that the implied fair value of goodwill was zero . therefore , in the fourth quarter of 2013 , alcoa recorded a goodwill impairment of $ 1731 ( $ 1719 after noncontrolling interest ) . as a result of the goodwill impairment , there is no goodwill remaining for the primary metals reporting unit . the impairment of primary metals 2019 goodwill resulted from several causes : the prolonged economic downturn ; a disconnect between industry fundamentals and pricing that has resulted in lower metal prices ; and the increased cost of alumina , a key raw material , resulting from expansion of the alumina price index throughout the industry . all of these factors , exacerbated by increases in discount rates , continue to place significant downward pressure on metal prices and operating margins , and the resulting estimated fair value , of the primary metals business . as a result , management decreased the near-term and long-term estimates of the operating results and cash flows utilized in assessing primary metals 2019 goodwill for impairment . the valuation of goodwill for the second step of the goodwill impairment analysis is considered a level 3 fair value measurement , which means that the valuation of the assets and liabilities reflect management 2019s own judgments regarding the assumptions market participants would use in determining the fair value of the assets and liabilities . intangible assets with indefinite useful lives are not amortized while intangible assets with finite useful lives are amortized generally on a straight-line basis over the periods benefited . the following table details the weighted- average useful lives of software and other intangible assets by reporting segment ( numbers in years ) : .
|segment|software|other intangible assets|
|alumina|7|15|
|primary metals|6|37|
|global rolled products|9|14|
|engineered products and solutions|7|32|
|transportation and construction solutions|8|23|
equity investments . alcoa invests in a number of privately-held companies , primarily through joint ventures and consortia , which are accounted for using the equity method . the equity method is applied in situations where alcoa has the ability to exercise significant influence , but not control , over the investee . management reviews equity investments for impairment whenever certain indicators are present suggesting that the carrying value of an investment is not recoverable . this analysis requires a significant amount of judgment from management to identify events or circumstances indicating that an equity investment is impaired . the following items are examples of impairment indicators : significant , sustained declines in an investee 2019s revenue , earnings , and cash .
Question: what is the variation between the weighted- average useful lives of software and other intangible assets by primary metals segment , in years?
Answer:
|
31.0
|
what is the variation between the weighted- average useful lives of software and other intangible assets by primary metals segment , in years?
|
{
"options": {
"A": "7.0",
"B": "15.0",
"C": "6.0",
"D": "31.0"
},
"goldenKey": "D"
}
|
{
"A": "7.0",
"B": "15.0",
"C": "6.0",
"D": "31.0"
}
|
D
|
finqa816
|
Please answer the given financial question based on the context.
Context: the following table summarizes the changes in the company 2019s valuation allowance: .
|balance at january 1 2011|$ 23788|
|increases in current period tax positions|1525|
|decreases in current period tax positions|-3734 ( 3734 )|
|balance at december 31 2011|$ 21579|
|increases in current period tax positions|0|
|decreases in current period tax positions|-2059 ( 2059 )|
|balance at december 31 2012|$ 19520|
|increases in current period tax positions|0|
|decreases in current period tax positions|-5965 ( 5965 )|
|balance at december 31 2013|$ 13555|
included in 2013 is a discrete tax benefit totaling $ 2979 associated with an entity re-organization within the company 2019s market-based segment that allowed for the utilization of state net operating loss carryforwards and the release of an associated valuation allowance . note 14 : employee benefits pension and other postretirement benefits the company maintains noncontributory defined benefit pension plans covering eligible employees of its regulated utility and shared services operations . benefits under the plans are based on the employee 2019s years of service and compensation . the pension plans have been closed for all employees . the pension plans were closed for most employees hired on or after january 1 , 2006 . union employees hired on or after january 1 , 2001 had their accrued benefit frozen and will be able to receive this benefit as a lump sum upon termination or retirement . union employees hired on or after january 1 , 2001 and non-union employees hired on or after january 1 , 2006 are provided with a 5.25% ( 5.25 % ) of base pay defined contribution plan . the company does not participate in a multiemployer plan . the company 2019s pension funding practice is to contribute at least the greater of the minimum amount required by the employee retirement income security act of 1974 or the normal cost . further , the company will consider additional contributions if needed to avoid 201cat risk 201d status and benefit restrictions under the pension protection act of 2006 . the company may also consider increased contributions , based on other financial requirements and the plans 2019 funded position . pension plan assets are invested in a number of actively managed and indexed investments including equity and bond mutual funds , fixed income securities , guaranteed interest contracts with insurance companies and real estate investment trusts ( 201creits 201d ) . pension expense in excess of the amount contributed to the pension plans is deferred by certain regulated subsidiaries pending future recovery in rates charged for utility services as contributions are made to the plans . ( see note 6 ) the company also has unfunded noncontributory supplemental non-qualified pension plans that provide additional retirement benefits to certain employees . the company maintains other postretirement benefit plans providing varying levels of medical and life insurance to eligible retirees . the retiree welfare plans are closed for union employees hired on or after january 1 , 2006 . the plans had previously closed for non-union employees hired on or after january 1 , 2002 . the company 2019s policy is to fund other postretirement benefit costs for rate-making purposes . assets of the plans are invested in equity mutual funds , bond mutual funds and fixed income securities. .
Question: by how much did the company's valuation allowance change from 2012 to 2013?
Answer:
|
-0.30558
|
by how much did the company's valuation allowance change from 2012 to 2013?
|
{
"options": {
"A": "-0.30558",
"B": "-0.30559",
"C": "-0.30557",
"D": "-0.30556"
},
"goldenKey": "A"
}
|
{
"A": "-0.30558",
"B": "-0.30559",
"C": "-0.30557",
"D": "-0.30556"
}
|
A
|
finqa817
|
Please answer the given financial question based on the context.
Context: property investmentp yrr our overall strategy is to continue to increase our investment in quality industrial properties in both existing and select new markets and to continue to increase our investment in on-campus or hospital affiliated medical offf fice ff properties . pursuant to this strategy , we evaluate development and acquisition opportunities based upon our market yy outlook , including general economic conditions , supply and long-term growth potential . our ability to make future property investments is dependent upon identifying suitable acquisition and development opportunities , and our continued access to our longer-term sources of liquidity , including issuances of debt or equity securities as well asyy generating cash flow by disposing of selected properties . leasing/capital costsg p tenant improvements and lease-related costs pertaining to our initial leasing of newly completed space , or vacant tt space in acquired properties , are referred to as first generation expenditures . such first generation expenditures for tenant improvements are included within "development of real estate investments" in our consolidated statements of cash flows , while such expenditures for lease-related costs are included within "other deferred leasing costs." cash expenditures related to the construction of a building's shell , as well as the associated site improvements , are also included within "development of real estate investments" in our consolidated statements of cash flows . tenant improvements and leasing costs to re-let rental space that we previously leased to tenants are referred to as tt second generation expenditures . building improvements that are not specific to any tenant , but serve to improve integral components of our real estate properties , are also second generation expenditures . one of the principal uses of our liquidity is to fund the second generation leasing/capital expenditures of our real estate investments . the following table summarizes our second generation capital expenditures by type of expenditure , as well as capital expenditures for the development of real estate investments and for other deferred leasing costs ( in thousands ) : .
||2016|2015|2014|
|second generation tenant improvements|$ 24622|$ 28681|$ 51699|
|second generation leasing costs|27029|24471|37898|
|building improvements|7698|8748|9224|
|total second generation capital expenditures|$ 59349|$ 61900|$ 98821|
|development of real estate investments|$ 401442|$ 370466|$ 446722|
|other deferred leasing costs|$ 38410|$ 30790|$ 31503|
second generation capital expenditures were significantly lower during 2016 and 2015 , compared to 2014 , as the result of significant dispositions of office properties , which were more capital intensive to re-lease than industrial ff properties . we had wholly owned properties under development with an expected cost of ww $ 713.1 million at december 31 , 2016 , compared to projects with an expected cost of $ 599.8 million and $ 470.2 million at december 31 , 2015 and 2014 , respectively . the capital expenditures in the table above include the capitalization of internal overhead costs . we capitalized ww $ 24.0 million , $ 21.7 million and $ 23.9 million of overhead costs related to leasing activities , including both first and second generation leases , during the years ended december 31 , 2016 , 2015 and 2014 , respectively . we ww capitalized $ 25.9 million , $ 23.8 million and $ 28.8 million of overhead costs related to development activities , including both development and tenant improvement projects on first and second generation space , during the years ended december 31 , 2016 , 2015 and 2014 , respectively . combined overhead costs capitalized to leasing and development totaled 33.5% ( 33.5 % ) , 29.0% ( 29.0 % ) and 31.4% ( 31.4 % ) of our overall pool of overhead costs at december 31 , 2016 , 2015 and 2014 , respectively . further discussion of the capitalization of overhead costs can be found in the year-to-year comparisons of general and administrative expenses and critical accounting policies sections of this item 7. .
Question: in 2015 what was the percent of the total second generation capital expenditures by type of expenditure that wassecond generation leasing costs
Answer:
|
0.79477
|
in 2015 what was the percent of the total second generation capital expenditures by type of expenditure that wassecond generation leasing costs
|
{
"options": {
"A": "0.79477",
"B": "0.43512",
"C": "0.62134",
"D": "0.27891"
},
"goldenKey": "A"
}
|
{
"A": "0.79477",
"B": "0.43512",
"C": "0.62134",
"D": "0.27891"
}
|
A
|
finqa819
|
Please answer the given financial question based on the context.
Context: item 7a . quantitative and qualitative disclosures about market risk ( amounts in millions ) in the normal course of business , we are exposed to market risks related to interest rates , foreign currency rates and certain balance sheet items . from time to time , we use derivative instruments , pursuant to established guidelines and policies , to manage some portion of these risks . derivative instruments utilized in our hedging activities are viewed as risk management tools and are not used for trading or speculative purposes . interest rates our exposure to market risk for changes in interest rates relates primarily to the fair market value and cash flows of our debt obligations . the majority of our debt ( approximately 93% ( 93 % ) and 91% ( 91 % ) as of december 31 , 2012 and 2011 , respectively ) bears interest at fixed rates . we do have debt with variable interest rates , but a 10% ( 10 % ) increase or decrease in interest rates would not be material to our interest expense or cash flows . the fair market value of our debt is sensitive to changes in interest rates , and the impact of a 10% ( 10 % ) change in interest rates is summarized below . increase/ ( decrease ) in fair market value as of december 31 , 10% ( 10 % ) increase in interest rates 10% ( 10 % ) decrease in interest rates .
|as of december 31,|increase/ ( decrease ) in fair market value 10% ( 10 % ) increasein interest rates|increase/ ( decrease ) in fair market value 10% ( 10 % ) decreasein interest rates|
|2012|$ -27.5 ( 27.5 )|$ 28.4|
|2011|-7.4 ( 7.4 )|7.7|
we have used interest rate swaps for risk management purposes to manage our exposure to changes in interest rates . during 2012 , we entered into and exited forward-starting interest rate swap agreements to effectively lock in the benchmark rate related to our 3.75% ( 3.75 % ) senior notes due 2023 , which we issued in november 2012 . we do not have any interest rate swaps outstanding as of december 31 , 2012 . we had $ 2590.8 of cash , cash equivalents and marketable securities as of december 31 , 2012 that we generally invest in conservative , short-term investment-grade securities . the interest income generated from these investments is subject to both domestic and foreign interest rate movements . during 2012 and 2011 , we had interest income of $ 29.5 and $ 37.8 , respectively . based on our 2012 results , a 100 basis point increase or decrease in interest rates would affect our interest income by approximately $ 26.0 , assuming that all cash , cash equivalents and marketable securities are impacted in the same manner and balances remain constant from year-end 2012 levels . foreign currency rates we are subject to translation and transaction risks related to changes in foreign currency exchange rates . since we report revenues and expenses in u.s . dollars , changes in exchange rates may either positively or negatively affect our consolidated revenues and expenses ( as expressed in u.s . dollars ) from foreign operations . the primary foreign currencies that impacted our results during 2012 were the brazilian real , euro , indian rupee and the south african rand . based on 2012 exchange rates and operating results , if the u.s . dollar were to strengthen or weaken by 10% ( 10 % ) , we currently estimate operating income would decrease or increase between 3% ( 3 % ) and 5% ( 5 % ) , assuming that all currencies are impacted in the same manner and our international revenue and expenses remain constant at 2012 levels . the functional currency of our foreign operations is generally their respective local currency . assets and liabilities are translated at the exchange rates in effect at the balance sheet date , and revenues and expenses are translated at the average exchange rates during the period presented . the resulting translation adjustments are recorded as a component of accumulated other comprehensive loss , net of tax , in the stockholders 2019 equity section of our consolidated balance sheets . our foreign subsidiaries generally collect revenues and pay expenses in their functional currency , mitigating transaction risk . however , certain subsidiaries may enter into transactions in currencies other than their functional currency . assets and liabilities denominated in currencies other than the functional currency are susceptible to movements in foreign currency until final settlement . currency transaction gains or losses primarily arising from transactions in currencies other than the functional currency are included in office and general expenses . we have not entered into a material amount of foreign currency forward exchange contracts or other derivative financial instruments to hedge the effects of potential adverse fluctuations in foreign currency exchange rates. .
Question: what was the total amount of interest income combined in 2011 and 2012 , in millions?
Answer:
|
67.3
|
what was the total amount of interest income combined in 2011 and 2012 , in millions?
|
{
"options": {
"A": "29.5",
"B": "37.8",
"C": "67.3",
"D": "26.0"
},
"goldenKey": "C"
}
|
{
"A": "29.5",
"B": "37.8",
"C": "67.3",
"D": "26.0"
}
|
C
|
finqa820
|
Please answer the given financial question based on the context.
Context: it can issue debt securities , preferred stock , common stock , warrants , share purchase contracts or share purchase units without a predetermined limit . securities can be sold in one or more separate offerings with the size , price and terms to be determined at the time of sale . emerson 2019s financial structure provides the flexibility necessary to achieve its strategic objectives . the company has been successful in efficiently deploying cash where needed worldwide to fund operations , complete acquisitions and sustain long-term growth . at september 30 , 2017 , $ 3.1 billion of the company 2019s cash was held outside the u.s . ( primarily in europe and asia ) , $ 1.4 billion of which income taxes have been provided for , and was generally available for repatriation to the u.s . under current tax law , repatriated cash may be subject to u.s . federal income taxes , net of available foreign tax credits . the company routinely repatriates a portion of its non-u.s . cash from earnings each year , or otherwise when it can be accomplished tax efficiently , and provides for u.s . income taxes as appropriate . the company has been able to readily meet all its funding requirements and currently believes that sufficient funds will be available to meet the company 2019s needs in the foreseeable future through operating cash flow , existing resources , short- and long-term debt capacity or backup credit lines . contractual obligations at september 30 , 2017 , the company 2019s contractual obligations , including estimated payments , are as follows : amounts due by period less more than 1 2013 3 3 2013 5 than ( dollars in millions ) total 1 year years years 5 years long-term debt ( including interest ) $ 5342 428 1434 966 2514 .
|( dollars in millions )|amounts due by period total|amounts due by period less than 1 year|amounts due by period 1 - 3years|amounts due by period 3 - 5years|amounts due by period more than5 years|
|long-term debt ( including interest )|$ 5342|428|1434|966|2514|
|operating leases|536|171|206|80|79|
|purchase obligations|746|655|71|14|6|
|total|$ 6624|1254|1711|1060|2599|
purchase obligations consist primarily of inventory purchases made in the normal course of business to meet operational requirements . the table above does not include $ 2.0 billion of other noncurrent liabilities recorded in the balance sheet and summarized in note 19 , which consist primarily of pension and postretirement plan liabilities , deferred income taxes and unrecognized tax benefits , because it is not certain when these amounts will become due . see notes 11 and 12 for estimated future benefit payments and note 14 for additional information on deferred income taxes . financial instruments the company is exposed to market risk related to changes in interest rates , foreign currency exchange rates and commodity prices , and selectively uses derivative financial instruments , including forwards , swaps and purchased options to manage these risks . the company does not hold derivatives for trading or speculative purposes . the value of derivatives and other financial instruments is subject to change as a result of market movements in rates and prices . sensitivity analysis is one technique used to forecast the impact of these movements . based on a hypothetical 10 percent increase in interest rates , a 10 percent decrease in commodity prices or a 10 percent weakening in the u.s . dollar across all currencies , the potential losses in future earnings , fair value or cash flows are not material . sensitivity analysis has limitations ; for example , a weaker u.s . dollar would benefit future earnings through favorable translation of non-u.s . operating results , and lower commodity prices would benefit future earnings through lower cost of sales . see notes 1 , and 8 through 10 . critical accounting policies preparation of the company 2019s financial statements requires management to make judgments , assumptions and estimates regarding uncertainties that could affect reported revenue , expenses , assets , liabilities and equity . note 1 describes the significant accounting policies used in preparation of the consolidated financial statements . the most significant areas where management judgments and estimates impact the primary financial statements are described below . actual results in these areas could differ materially from management 2019s estimates under different assumptions or conditions . revenue recognition the company recognizes a large majority of its revenue through the sale of manufactured products and records the sale when products are shipped or delivered , title and risk of loss pass to the customer , and collection is reasonably assured . in certain circumstances , revenue is recognized using the percentage-of- completion method , as performance occurs , or in accordance with asc 985-605 related to software . sales arrangements sometimes involve delivering multiple elements , which requires management judgment that affects the amount and timing of revenue recognized . in these instances , the revenue assigned to each element is based on vendor-specific objective evidence , third-party evidence or a management estimate of the relative selling price . revenue is recognized for delivered elements if they have value to the customer on a stand-alone basis and performance related to the undelivered items is probable and substantially in the company 2019s control , or the undelivered elements are inconsequential or perfunctory and there are no unsatisfied contingencies related to payment . the vast majority of deliverables are tangible products , with a smaller portion attributable to installation , service or maintenance . management believes that all relevant criteria and conditions are considered when recognizing revenue. .
Question: what percent of total contractual obligations is due to long-term debt ( including interest ) ?
Answer:
|
0.80646
|
what percent of total contractual obligations is due to long-term debt ( including interest ) ?
|
{
"options": {
"A": "80.646%",
"B": "8.0646%",
"C": "0.80646%",
"D": "0.080646%"
},
"goldenKey": "C"
}
|
{
"A": "80.646%",
"B": "8.0646%",
"C": "0.80646%",
"D": "0.080646%"
}
|
C
|
finqa822
|
Please answer the given financial question based on the context.
Context: notes to consolidated financial statements note 20 . regulation and capital adequacy the federal reserve board is the primary regulator of group inc. , a bank holding company under the bank holding company act of 1956 ( bhc act ) and a financial holding company under amendments to the bhc act effected by the u.s . gramm-leach-bliley act of 1999 . as a bank holding company , the firm is subject to consolidated regulatory capital requirements that are computed in accordance with the federal reserve board 2019s risk-based capital requirements ( which are based on the 2018basel 1 2019 capital accord of the basel committee ) . these capital requirements are expressed as capital ratios that compare measures of capital to risk-weighted assets ( rwas ) . the firm 2019s u.s . bank depository institution subsidiaries , including gs bank usa , are subject to similar capital requirements . under the federal reserve board 2019s capital adequacy requirements and the regulatory framework for prompt corrective action that is applicable to gs bank usa , the firm and its u.s . bank depository institution subsidiaries must meet specific capital requirements that involve quantitative measures of assets , liabilities and certain off- balance-sheet items as calculated under regulatory reporting practices . the firm and its u.s . bank depository institution subsidiaries 2019 capital amounts , as well as gs bank usa 2019s prompt corrective action classification , are also subject to qualitative judgments by the regulators about components , risk weightings and other factors . many of the firm 2019s subsidiaries , including gs&co . and the firm 2019s other broker-dealer subsidiaries , are subject to separate regulation and capital requirements as described below . group inc . federal reserve board regulations require bank holding companies to maintain a minimum tier 1 capital ratio of 4% ( 4 % ) and a minimum total capital ratio of 8% ( 8 % ) . the required minimum tier 1 capital ratio and total capital ratio in order to be considered a 201cwell-capitalized 201d bank holding company under the federal reserve board guidelines are 6% ( 6 % ) and 10% ( 10 % ) , respectively . bank holding companies may be expected to maintain ratios well above the minimum levels , depending on their particular condition , risk profile and growth plans . the minimum tier 1 leverage ratio is 3% ( 3 % ) for bank holding companies that have received the highest supervisory rating under federal reserve board guidelines or that have implemented the federal reserve board 2019s risk-based capital measure for market risk . other bank holding companies must have a minimum tier 1 leverage ratio of 4% ( 4 % ) . the table below presents information regarding group inc . 2019s regulatory capital ratios. .
|$ in millions|as of december 2012|as of december 2011|
|tier 1 capital|$ 66977|$ 63262|
|tier 2 capital|$ 13429|$ 13881|
|total capital|$ 80406|$ 77143|
|risk-weighted assets|$ 399928|$ 457027|
|tier 1 capital ratio|16.7% ( 16.7 % )|13.8% ( 13.8 % )|
|total capital ratio|20.1% ( 20.1 % )|16.9% ( 16.9 % )|
|tier 1 leverage ratio|7.3% ( 7.3 % )|7.0% ( 7.0 % )|
rwas under the federal reserve board 2019s risk-based capital requirements are calculated based on the amount of market risk and credit risk . rwas for market risk are determined by reference to the firm 2019s value-at-risk ( var ) model , supplemented by other measures to capture risks not reflected in the firm 2019s var model . credit risk for on- balance sheet assets is based on the balance sheet value . for off-balance sheet exposures , including otc derivatives and commitments , a credit equivalent amount is calculated based on the notional amount of each trade . all such assets and exposures are then assigned a risk weight depending on , among other things , whether the counterparty is a sovereign , bank or a qualifying securities firm or other entity ( or if collateral is held , depending on the nature of the collateral ) . tier 1 leverage ratio is defined as tier 1 capital under basel 1 divided by average adjusted total assets ( which includes adjustments for disallowed goodwill and intangible assets , and the carrying value of equity investments in non-financial companies that are subject to deductions from tier 1 capital ) . 184 goldman sachs 2012 annual report .
Question: what was the change in risk-weighted assets in millions between 2011 and 2012?
Answer:
|
-57099.0
|
what was the change in risk-weighted assets in millions between 2011 and 2012?
|
{
"options": {
"A": "-57099.0",
"B": "57099.0",
"C": "457027",
"D": "399928"
},
"goldenKey": "A"
}
|
{
"A": "-57099.0",
"B": "57099.0",
"C": "457027",
"D": "399928"
}
|
A
|
finqa823
|
Please answer the given financial question based on the context.
Context: assumed health care cost trend rates for the u.s . retiree health care benefit plan as of december 31 are as follows: .
||2017|2016|
|assumed health care cost trend rate for next year|7.50% ( 7.50 % )|6.75% ( 6.75 % )|
|ultimate trend rate|5.00% ( 5.00 % )|5.00% ( 5.00 % )|
|year in which ultimate trend rate is reached|2028|2024|
a one percentage point increase or decrease in health care cost trend rates over all future periods would have increased or decreased the accumulated postretirement benefit obligation for the u.s . retiree health care benefit plan as of december 31 , 2017 , by $ 1 million . the service cost and interest cost components of 2017 plan expense would have increased or decreased by less than $ 1 million . deferred compensation arrangements we have a deferred compensation plan that allows u.s . employees whose base salary and management responsibility exceed a certain level to defer receipt of a portion of their cash compensation . payments under this plan are made based on the participant 2019s distribution election and plan balance . participants can earn a return on their deferred compensation based on notional investments in the same investment funds that are offered in our defined contribution plans . as of december 31 , 2017 , our liability to participants of the deferred compensation plans was $ 255 million and is recorded in other long-term liabilities on our consolidated balance sheets . this amount reflects the accumulated participant deferrals and earnings thereon as of that date . as of december 31 , 2017 , we held $ 236 million in mutual funds related to these plans that are recorded in long-term investments on our consolidated balance sheets , and serve as an economic hedge against changes in fair values of our other deferred compensation liabilities . we record changes in the fair value of the liability and the related investment in sg&a as discussed in note 8 . 11 . debt and lines of credit short-term borrowings we maintain a line of credit to support commercial paper borrowings , if any , and to provide additional liquidity through bank loans . as of december 31 , 2017 , we had a variable-rate revolving credit facility from a consortium of investment-grade banks that allows us to borrow up to $ 2 billion until march 2022 . the interest rate on borrowings under this credit facility , if drawn , is indexed to the applicable london interbank offered rate ( libor ) . as of december 31 , 2017 , our credit facility was undrawn and we had no commercial paper outstanding . long-term debt we retired $ 250 million of maturing debt in march 2017 and another $ 375 million in june 2017 . in may 2017 , we issued an aggregate principal amount of $ 600 million of fixed-rate , long-term debt . the offering consisted of the reissuance of $ 300 million of 2.75% ( 2.75 % ) notes due in 2021 at a premium and the issuance of $ 300 million of 2.625% ( 2.625 % ) notes due in 2024 at a discount . we incurred $ 3 million of issuance and other related costs . the proceeds of the offerings were $ 605 million , net of the original issuance discount and premium , and were used for the repayment of maturing debt and general corporate purposes . in november 2017 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2027 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 494 million , net of the original issuance discount , and were used for general corporate purposes . in may 2016 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2022 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 499 million , net of the original issuance discount , and were used toward the repayment of a portion of $ 1.0 billion of maturing debt retired in may 2016 . in may 2015 , we issued a principal amount of $ 500 million of fixed-rate , long-term debt due in 2020 . we incurred $ 3 million of issuance and other related costs . the proceeds of the offering were $ 498 million , net of the original issuance discount , and were used toward the repayment of a portion of the debt that matured in august 2015 . we retired $ 250 million of maturing debt in april 2015 and another $ 750 million in august 2015 . texas instruments 2022 2017 form 10-k 51 .
Question: by how many percentage points did the health care cost trend rate for next year increase in 2017?
Answer:
|
0.75
|
by how many percentage points did the health care cost trend rate for next year increase in 2017?
|
{
"options": {
"A": "0.25",
"B": "0.50",
"C": "0.75",
"D": "1.00"
},
"goldenKey": "C"
}
|
{
"A": "0.25",
"B": "0.50",
"C": "0.75",
"D": "1.00"
}
|
C
|
finqa824
|
Please answer the given financial question based on the context.
Context: operating expenses operating expenses were $ 2.9 billion , an increase of 8% ( 8 % ) over 2000 . adjusted for the formation of citistreet , operating expenses grew 10% ( 10 % ) . expense growth in 2001 of 10% ( 10 % ) is significantly lower than the comparable 20% ( 20 % ) expense growth for 2000 compared to 1999 . state street successfully reduced the growth rate of expenses as revenue growth slowed during the latter half of 2000 and early 2001 . the expense growth in 2001 reflects higher expenses for salaries and employee benefits , as well as information systems and communications . o p e r a t i n g e x p e n s e s ( dollars in millions ) 2001 2000 1999 change adjusted change 00-01 ( 1 ) .
|( dollars in millions )|2001|2000|1999|change 00-01|adjusted change 00-01 ( 1 )|
|salaries and employee benefits|$ 1663|$ 1524|$ 1313|9% ( 9 % )|11% ( 11 % )|
|information systems and communications|365|305|287|20|22|
|transaction processing services|247|268|237|-8 ( 8 )|-7 ( 7 )|
|occupancy|229|201|188|15|16|
|other|363|346|311|5|7|
|total operating expenses|$ 2867|$ 2644|$ 2336|8|10|
|number of employees|19753|17604|17213|12||
( 1 ) 2000 results adjusted for the formation of citistreet expenses related to salaries and employee benefits increased $ 139million in 2001 , or $ 163millionwhen adjusted for the formation of citistreet . the adjusted increase reflects more than 2100 additional staff to support the large client wins and new business from existing clients and acquisitions . this expense increase was partially offset by lower incentive-based compensation . information systems and communications expense was $ 365 million in 2001 , up 20% ( 20 % ) from the prior year . adjusted for the formation of citistreet , information systems and communications expense increased 22% ( 22 % ) . this growth reflects both continuing investment in software and hardware , aswell as the technology costs associated with increased staffing levels . expenses related to transaction processing services were $ 247 million , down $ 21 million , or 8% ( 8 % ) . these expenses are volume related and include external contract services , subcustodian fees , brokerage services and fees related to securities settlement . lower mutual fund shareholder activities , and lower subcustodian fees resulting from both the decline in asset values and lower transaction volumes , drove the decline . occupancy expensewas $ 229million , up 15% ( 15 % ) . the increase is due to expenses necessary to support state street 2019s global growth , and expenses incurred for leasehold improvements and other operational costs . other expenses were $ 363 million , up $ 17 million , or 5% ( 5 % ) . these expenses include professional services , advertising and sales promotion , and internal operational expenses . the increase over prior year is due to a $ 21 million increase in the amortization of goodwill , primarily from acquisitions in 2001 . in accordance with recent accounting pronouncements , goodwill amortization expense will be eliminated in 2002 . state street recorded approximately $ 38 million , or $ .08 per share after tax , of goodwill amortization expense in 2001 . state street 2019s cost containment efforts , which reduced discretionary spending , partially offset the increase in other expenses . state street corporation 9 .
Question: what is the growth rate in the number of employees from 1999 to 2000?
Answer:
|
0.02272
|
what is the growth rate in the number of employees from 1999 to 2000?
|
{
"options": {
"A": "0.12",
"B": "0.15",
"C": "0.10",
"D": "0.02272"
},
"goldenKey": "D"
}
|
{
"A": "0.12",
"B": "0.15",
"C": "0.10",
"D": "0.02272"
}
|
D
|
finqa825
|
Please answer the given financial question based on the context.
Context: factors , including the market price of our common stock , general economic and market conditions and applicable legal requirements . the repurchase program may be commenced , suspended or discontinued at any time . in fiscal 2019 , we repurchased approximately 2.1 million shares of our common stock for an aggregate cost of $ 88.6 million . in fiscal 2018 , we repurchased approximately 3.4 million shares of our common stock for an aggregate cost of $ 195.1 million . as of september 30 , 2019 , we had approximately 19.1 million shares of common stock available for repurchase under the program . we anticipate that we will be able to fund our capital expenditures , interest payments , dividends and stock repurchases , pension payments , working capital needs , note repurchases , restructuring activities , repayments of current portion of long-term debt and other corporate actions for the foreseeable future from cash generated from operations , borrowings under our credit facilities , proceeds from our a/r sales agreement , proceeds from the issuance of debt or equity securities or other additional long-term debt financing , including new or amended facilities . in addition , we continually review our capital structure and conditions in the private and public debt markets in order to optimize our mix of indebtedness . in connection with these reviews , we may seek to refinance existing indebtedness to extend maturities , reduce borrowing costs or otherwise improve the terms and composition of our indebtedness . contractual obligations we summarize our enforceable and legally binding contractual obligations at september 30 , 2019 , and the effect these obligations are expected to have on our liquidity and cash flow in future periods in the following table . certain amounts in this table are based on management 2019s estimates and assumptions about these obligations , including their duration , the possibility of renewal , anticipated actions by third parties and other factors , including estimated minimum pension plan contributions and estimated benefit payments related to postretirement obligations , supplemental retirement plans and deferred compensation plans . because these estimates and assumptions are subjective , the enforceable and legally binding obligations we actually pay in future periods may vary from those presented in the table. .
|( in millions )|payments due by period total|payments due by period fiscal 2020|payments due by period fiscal 2021and 2022|payments due by period fiscal 2023and 2024|payments due by period thereafter|
|long-term debt including current portionexcluding capital lease obligations ( 1 )|$ 9714.1|$ 550.8|$ 939.8|$ 2494.3|$ 5729.2|
|operating lease obligations ( 2 )|930.4|214.3|316.4|193.6|206.1|
|capital lease obligations ( 3 )|168.9|6.4|8.7|2.9|150.9|
|purchase obligations and other ( 4 ) ( 5 ) ( 6 )|2293.5|1607.0|292.5|206.7|187.3|
|total|$ 13106.9|$ 2378.5|$ 1557.4|$ 2897.5|$ 6273.5|
( 1 ) includes only principal payments owed on our debt assuming that all of our long-term debt will be held to maturity , excluding scheduled payments . we have excluded $ 163.5 million of fair value of debt step-up , deferred financing costs and unamortized bond discounts from the table to arrive at actual debt obligations . see 201cnote 13 . debt 201d of the notes to consolidated financial statements for information on the interest rates that apply to our various debt instruments . ( 2 ) see 201cnote 15 . operating leases 201d of the notes to consolidated financial statements for additional information . ( 3 ) the fair value step-up of $ 16.9 million is excluded . see 201cnote 13 . debt 2014 capital lease and other indebtedness 201d of the notes to consolidated financial statements for additional information . ( 4 ) purchase obligations include agreements to purchase goods or services that are enforceable and legally binding and that specify all significant terms , including : fixed or minimum quantities to be purchased ; fixed , minimum or variable price provision ; and the approximate timing of the transaction . purchase obligations exclude agreements that are cancelable without penalty . ( 5 ) we have included in the table future estimated minimum pension plan contributions and estimated benefit payments related to postretirement obligations , supplemental retirement plans and deferred compensation plans . our estimates are based on factors , such as discount rates and expected returns on plan assets . future contributions are subject to changes in our underfunded status based on factors such as investment performance , discount rates , returns on plan assets and changes in legislation . it is possible that our assumptions may change , actual market performance may vary or we may decide to contribute different amounts . we have excluded $ 237.2 million of multiemployer pension plan withdrawal liabilities recorded as of september 30 , 2019 , including our estimate of the accumulated funding deficiency , due to lack of .
Question: what percent of longterm debt payments are deferred until after 2024?
Answer:
|
0.58978
|
what percent of longterm debt payments are deferred until after 2024?
|
{
"options": {
"A": "0.58978%",
"B": "5.8978%",
"C": "58.978%",
"D": "589.78%"
},
"goldenKey": "A"
}
|
{
"A": "0.58978%",
"B": "5.8978%",
"C": "58.978%",
"D": "589.78%"
}
|
A
|
finqa826
|
Please answer the given financial question based on the context.
Context: our initial estimate of fraud losses , fines and other charges on our understanding of the rules and operating regulations published by the networks and preliminary communications with the networks . we have now reached resolution with and made payments to the networks , resulting in charges that were less than our initial estimates . the primary difference between our initial estimates and the final charges relates to lower fraud related costs attributed to this event than previously expected . the following table reflects the activity in our accrual for fraud losses , fines and other charges for the twelve months ended may 31 , 2013 ( in thousands ) : .
|balance at may 31 2012|$ 67436|
|adjustments|-31781 ( 31781 )|
|subtotal|35655|
|payments|-35655 ( 35655 )|
|balance at may 31 2013|$ 2014|
we were insured under policies that provided coverage of certain costs associated with this event . the policies provided a total of $ 30.0 million in policy limits and contained various sub-limits of liability and other terms , conditions and limitations , including a $ 1.0 million deductible per claim . as of fiscal year 2013 , we received assessments from certain networks and submitted additional claims to the insurers and recorded $ 20.0 million in additional insurance recoveries based on our negotiations with our insurers . we will record receivables for any additional recoveries in the periods in which we determine such recovery is probable and the amount can be reasonably estimated . a class action arising out of the processing system intrusion was filed against us on april 4 , 2012 by natalie willingham ( individually and on behalf of a putative nationwide class ) ( the 201cplaintiff 201d ) . specifically , ms . willingham alleged that we failed to maintain reasonable and adequate procedures to protect her personally identifiable information ( 201cpii 201d ) which she claims resulted in two fraudulent charges on her credit card in march 2012 . further , ms . willingham asserted that we failed to timely notify the public of the data breach . based on these allegations , ms . willingham asserted claims for negligence , violation of the federal stored communications act , willful violation of the fair credit reporting act , negligent violation of the fair credit reporting act , violation of georgia 2019s unfair and deceptive trade practices act , negligence per se , breach of third-party beneficiary contract , and breach of implied contract . ms . willingham sought an unspecified amount of damages and injunctive relief . the lawsuit was filed in the united states district court for the northern district of georgia . on may 14 , 2012 , we filed a motion to dismiss . on july 11 , 2012 , plaintiff filed a motion for leave to amend her complaint , and on july 16 , 2012 , the court granted that motion . she then filed an amended complaint on july 16 , 2012 . the amended complaint did not add any new causes of action . instead , it added two new named plaintiffs ( nadine and robert hielscher ) ( together with plaintiff , the 201cplaintiffs 201d ) and dropped plaintiff 2019s claim for negligence per se . on august 16 , 2012 , we filed a motion to dismiss the plaintiffs 2019 amended complaint . the plaintiffs filed their response in opposition to our motion to dismiss on october 5 , 2012 , and we subsequently filed our reply brief on october 22 , 2012 . the magistrate judge issued a report and recommendation recommending dismissal of all of plaintiffs 2019 claims with prejudice . the plaintiffs subsequently agreed to voluntarily dismiss the lawsuit with prejudice , with each party bearing its own fees and costs . this was the only consideration exchanged by the parties in connection with plaintiffs 2019 voluntary dismissal with prejudice of the lawsuit . the lawsuit was dismissed with prejudice on march 6 , 2013 . note 3 2014settlement processing assets and obligations we are designated as a merchant service provider by mastercard and an independent sales organization by visa . these designations are dependent upon member clearing banks ( 201cmember 201d ) sponsoring us and our adherence to the standards of the networks . we have primary financial institution sponsors in the various markets where we facilitate payment transactions with whom we have sponsorship or depository and clearing agreements . these agreements allow us to route transactions under the member banks 2019 control and identification numbers to clear credit card transactions through mastercard and visa . in certain markets , we are members in various payment networks , allowing us to process and fund transactions without third-party sponsorship. .
Question: what portion of the beginning balance of accrual for fraud losses is regulated through adjustments?
Answer:
|
0.47128
|
what portion of the beginning balance of accrual for fraud losses is regulated through adjustments?
|
{
"options": {
"A": "0.47128",
"B": "0.52872",
"C": "0.67436",
"D": "0.31781"
},
"goldenKey": "A"
}
|
{
"A": "0.47128",
"B": "0.52872",
"C": "0.67436",
"D": "0.31781"
}
|
A
|
finqa827
|
Please answer the given financial question based on the context.
Context: reinsurance commissions , fees and other revenue increased 1% ( 1 % ) driven by a favorable foreign currency translation of 2% ( 2 % ) and was partially offset by a 1% ( 1 % ) decline in dispositions , net of acquisitions and other . organic revenue was flat primarily resulting from strong growth in the capital market transactions and advisory business , partially offset by declines in global facultative placements . operating income operating income increased $ 120 million , or 10% ( 10 % ) , from 2010 to $ 1.3 billion in 2011 . in 2011 , operating income margins in this segment were 19.3% ( 19.3 % ) , up 70 basis points from 18.6% ( 18.6 % ) in 2010 . operating margin improvement was primarily driven by revenue growth , reduced costs of restructuring initiatives and realization of the benefits of those restructuring plans , which was partially offset by the negative impact of expense increases related to investment in the business , lease termination costs , legacy receivables write-off , and foreign currency exchange rates . hr solutions .
|years ended december 31,|2011|2010|2009|
|revenue|$ 4501|$ 2111|$ 1267|
|operating income|448|234|203|
|operating margin|10.0% ( 10.0 % )|11.1% ( 11.1 % )|16.0% ( 16.0 % )|
in october 2010 , we completed the acquisition of hewitt , one of the world 2019s leading human resource consulting and outsourcing companies . hewitt operates globally together with aon 2019s existing consulting and outsourcing operations under the newly created aon hewitt brand . hewitt 2019s operating results are included in aon 2019s results of operations beginning october 1 , 2010 . our hr solutions segment generated approximately 40% ( 40 % ) of our consolidated total revenues in 2011 and provides a broad range of human capital services , as follows : 2022 health and benefits advises clients about how to structure , fund , and administer employee benefit programs that attract , retain , and motivate employees . benefits consulting includes health and welfare , executive benefits , workforce strategies and productivity , absence management , benefits administration , data-driven health , compliance , employee commitment , investment advisory and elective benefits services . effective january 1 , 2012 , this line of business will be included in the results of the risk solutions segment . 2022 retirement specializes in global actuarial services , defined contribution consulting , investment consulting , tax and erisa consulting , and pension administration . 2022 compensation focuses on compensatory advisory/counsel including : compensation planning design , executive reward strategies , salary survey and benchmarking , market share studies and sales force effectiveness , with special expertise in the financial services and technology industries . 2022 strategic human capital delivers advice to complex global organizations on talent , change and organizational effectiveness issues , including talent strategy and acquisition , executive on-boarding , performance management , leadership assessment and development , communication strategy , workforce training and change management . 2022 benefits administration applies our hr expertise primarily through defined benefit ( pension ) , defined contribution ( 401 ( k ) ) , and health and welfare administrative services . our model replaces the resource-intensive processes once required to administer benefit plans with more efficient , effective , and less costly solutions . 2022 human resource business processing outsourcing ( 2018 2018hr bpo 2019 2019 ) provides market-leading solutions to manage employee data ; administer benefits , payroll and other human resources processes ; and .
Question: what was the percent of the increase in the revenue from 2010 to 2011
Answer:
|
1.13216
|
what was the percent of the increase in the revenue from 2010 to 2011
|
{
"options": {
"A": "1.13216%",
"B": "10%",
"C": "11.1%",
"D": "16%"
},
"goldenKey": "A"
}
|
{
"A": "1.13216%",
"B": "10%",
"C": "11.1%",
"D": "16%"
}
|
A
|
finqa828
|
Please answer the given financial question based on the context.
Context: during the year ended december 31 , 2011 , we granted 354660 performance share units having a fair value based on our grant date closing stock price of $ 28.79 . these units are payable in stock and are subject to certain financial performance criteria . the fair value of these performance share unit awards is based on the grant date closing stock price of each respective award grant and will apply to the number of units ultimately awarded . the number of shares ultimately issued for each award will be based on our financial performance as compared to peer group companies over the performance period and can range from zero to 200% ( 200 % ) . as of december 31 , 2011 , estimated share payouts for outstanding non-vested performance share unit awards ranged from 150% ( 150 % ) to 195% ( 195 % ) . for the legacy frontier performance share units assumed at july 1 , 2011 , performance is based on market performance criteria , which is calculated as the total shareholder return achieved by hollyfrontier stockholders compared with the average shareholder return achieved by an equally-weighted peer group of independent refining companies over a three-year period . these share unit awards are payable in stock based on share price performance relative to the defined peer group and can range from zero to 125% ( 125 % ) of the initial target award . these performance share units were valued at july 1 , 2011 using a monte carlo valuation model , which simulates future stock price movements using key inputs including grant date and measurement date stock prices , expected stock price performance , expected rate of return and volatility of our stock price relative to the peer group over the three-year performance period . the fair value of these performance share units at july 1 , 2011 was $ 8.6 million . of this amount , $ 7.3 million relates to post-merger services and will be recognized ratably over the remaining service period through 2013 . a summary of performance share unit activity and changes during the year ended december 31 , 2011 is presented below: .
|performance share units|grants|
|outstanding at january 1 2011 ( non-vested )|556186|
|granted ( 1 )|354660|
|vesting and transfer of ownership to recipients|-136058 ( 136058 )|
|outstanding at december 31 2011 ( non-vested )|774788|
( 1 ) includes 225116 non-vested performance share grants under the legacy frontier plan that were outstanding and retained by hollyfrontier at july 1 , 2011 . for the year ended december 31 , 2011 we issued 178148 shares of our common stock having a fair value of $ 2.6 million related to vested performance share units . based on the weighted average grant date fair value of $ 20.71 there was $ 11.7 million of total unrecognized compensation cost related to non-vested performance share units . that cost is expected to be recognized over a weighted-average period of 1.1 years . note 7 : cash and cash equivalents and investments in marketable securities our investment portfolio at december 31 , 2011 consisted of cash , cash equivalents and investments in debt securities primarily issued by government and municipal entities . we also hold 1000000 shares of connacher oil and gas limited common stock that was received as partial consideration upon the sale of our montana refinery in we invest in highly-rated marketable debt securities , primarily issued by government and municipal entities that have maturities at the date of purchase of greater than three months . we also invest in other marketable debt securities with the maximum maturity or put date of any individual issue generally not greater than two years from the date of purchase . all of these instruments , including investments in equity securities , are classified as available- for-sale . as a result , they are reported at fair value using quoted market prices . interest income is recorded as earned . unrealized gains and losses , net of related income taxes , are reported as a component of accumulated other comprehensive income . upon sale , realized gains and losses on the sale of marketable securities are computed based on the specific identification of the underlying cost of the securities sold and the unrealized gains and losses previously reported in other comprehensive income are reclassified to current earnings. .
Question: what percentage of the fair value of performance share units at july 1 , 2011 was relates to to post-merger services and will be recognized ratably over the remaining service period through 2013?
Answer:
|
0.84884
|
what percentage of the fair value of performance share units at july 1 , 2011 was relates to to post-merger services and will be recognized ratably over the remaining service period through 2013?
|
{
"options": {
"A": "0.84884%",
"B": "8.4884%",
"C": "84.884%",
"D": "848.84%"
},
"goldenKey": "A"
}
|
{
"A": "0.84884%",
"B": "8.4884%",
"C": "84.884%",
"D": "848.84%"
}
|
A
|
finqa829
|
Please answer the given financial question based on the context.
Context: table of contents ( 4 ) the increase in cash flows was primarily due to the timing of inventory purchases and longer payment terms with certain vendors . in order to manage our working capital and operating cash needs , we monitor our cash conversion cycle , defined as days of sales outstanding in accounts receivable plus days of supply in inventory minus days of purchases outstanding in accounts payable , based on a rolling three-month average . components of our cash conversion cycle are as follows: .
|( in days )|december 31 , 2017|december 31 , 2016|december 31 , 2015|
|days of sales outstanding ( dso ) ( 1 )|52|51|48|
|days of supply in inventory ( dio ) ( 2 )|12|12|13|
|days of purchases outstanding ( dpo ) ( 3 )|-45 ( 45 )|-44 ( 44 )|-40 ( 40 )|
|cash conversion cycle|19|19|21|
( 1 ) represents the rolling three-month average of the balance of accounts receivable , net at the end of the period , divided by average daily net sales for the same three-month period . also incorporates components of other miscellaneous receivables . ( 2 ) represents the rolling three-month average of the balance of merchandise inventory at the end of the period divided by average daily cost of sales for the same three-month period . ( 3 ) represents the rolling three-month average of the combined balance of accounts payable-trade , excluding cash overdrafts , and accounts payable-inventory financing at the end of the period divided by average daily cost of sales for the same three-month period . the cash conversion cycle was 19 days at december 31 , 2017 and 2016 . the increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties . these services have an unfavorable impact on dso as the receivable is recognized on the consolidated balance sheet on a gross basis while the corresponding sales amount in the consolidated statement of operations is recorded on a net basis . this also results in a favorable impact on dpo as the payable is recognized on the consolidated balance sheet without a corresponding cost of sales in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales . in addition , dpo also increased due to the mix of payables with certain vendors that have longer payment terms . the cash conversion cycle was 19 and 21 days at december 31 , 2016 and 2015 , respectively . the increase in dso was primarily driven by higher net sales and related accounts receivable for third-party services such as saas , software assurance and warranties . these services have an unfavorable impact on dso as the receivable is recognized on the balance sheet on a gross basis while the corresponding sales amount in the statement of operations is recorded on a net basis . these services have a favorable impact on dpo as the payable is recognized on the balance sheet without a corresponding cost of sale in the statement of operations because the cost paid to the vendor or third-party service provider is recorded as a reduction to net sales . in addition to the impact of these services on dpo , dpo also increased due to the mix of payables with certain vendors that have longer payment terms . investing activities net cash used in investing activities increased $ 15 million in 2017 compared to 2016 . capital expenditures increased $ 17 million to $ 81 million from $ 64 million for 2017 and 2016 , respectively , primarily related to improvements to our information technology systems . net cash used in investing activities decreased $ 289 million in 2016 compared to 2015 . the decrease in cash used was primarily due to the completion of the acquisition of cdw uk in 2015 . additionally , capital expenditures decreased $ 26 million to $ 64 million from $ 90 million for 2016 and 2015 , respectively , primarily due to spending for our new office location in 2015 . financing activities net cash used in financing activities increased $ 514 million in 2017 compared to 2016 . the increase was primarily driven by changes in accounts payable-inventory financing , which resulted in an increase in cash used for financing activities of $ 228 million and by share repurchases during 2017 , which resulted in an increase in cash used for financing activities of $ 167 million . for more information on our share repurchase program , see part ii , item 5 , 201cmarket for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities . 201d the increase in cash used for accounts payable-inventory financing was primarily driven by the termination of one of our inventory financing agreements in the fourth quarter of 2016 , with amounts .
Question: in data what was the average cash conversion cycle for the three year period?
Answer:
|
19.66667
|
in data what was the average cash conversion cycle for the three year period?
|
{
"options": {
"A": "19",
"B": "19.33333",
"C": "19.66667",
"D": "20"
},
"goldenKey": "C"
}
|
{
"A": "19",
"B": "19.33333",
"C": "19.66667",
"D": "20"
}
|
C
|
finqa830
|
Please answer the given financial question based on the context.
Context: performance graph the graph below compares the cumulative total shareholder return on pmi's common stock with the cumulative total return for the same period of pmi's compensation survey group and the s&p 500 index . the graph assumes the investment of $ 100 as of december 31 , 2010 , in pmi common stock ( at prices quoted on the new york stock exchange ) and each of the indices as of the market close and reinvestment of dividends on a quarterly basis . date pmi pmi compensation survey group ( 12 ) s&p 500 index .
|date|pmi|pmi compensation survey group ( 12 )|s&p 500 index|
|december 31 2010|$ 100.00|$ 100.00|$ 100.00|
|december 31 2011|$ 139.80|$ 114.10|$ 102.10|
|december 31 2012|$ 154.60|$ 128.00|$ 118.50|
|december 31 2013|$ 167.70|$ 163.60|$ 156.80|
|december 31 2014|$ 164.20|$ 170.10|$ 178.30|
|december 31 2015|$ 186.20|$ 179.20|$ 180.80|
( 1 ) the pmi compensation survey group consists of the following companies with substantial global sales that are direct competitors ; or have similar market capitalization ; or are primarily focused on consumer products ( excluding high technology and financial services ) ; and are companies for which comparative executive compensation data are readily available : bayer ag , british american tobacco p.l.c. , the coca-cola company , diageo plc , glaxosmithkline , heineken n.v. , imperial brands plc ( formerly , imperial tobacco group plc ) , johnson & johnson , mcdonald's corp. , international , inc. , nestl e9 s.a. , novartis ag , pepsico , inc. , pfizer inc. , roche holding ag , unilever nv and plc and vodafone group plc . ( 2 ) on october 1 , 2012 , international , inc . ( nasdaq : mdlz ) , formerly kraft foods inc. , announced that it had completed the spin-off of its north american grocery business , kraft foods group , inc . ( nasdaq : krft ) . international , inc . was retained in the pmi compensation survey group index because of its global footprint . the pmi compensation survey group index total cumulative return calculation weights international , inc.'s total shareholder return at 65% ( 65 % ) of historical kraft foods inc.'s market capitalization on december 31 , 2010 , based on international , inc.'s initial market capitalization relative to the combined market capitalization of international , inc . and kraft foods group , inc . on october 2 , 2012 . note : figures are rounded to the nearest $ 0.10. .
Question: what was the difference in percentage cumulative total shareholder return on pmi's common stock versus the s&p 500 index for the five years ended december 31 , 2015?
Answer:
|
0.054
|
what was the difference in percentage cumulative total shareholder return on pmi's common stock versus the s&p 500 index for the five years ended december 31 , 2015?
|
{
"options": {
"A": "0.054",
"B": "0.186",
"C": "0.164",
"D": "0.180"
},
"goldenKey": "A"
}
|
{
"A": "0.054",
"B": "0.186",
"C": "0.164",
"D": "0.180"
}
|
A
|
finqa831
|
Please answer the given financial question based on the context.
Context: approved by the board of directors on april 21 , 2004 and expired on april 30 , 2006 . sources and uses in financing activities during 2005 related primarily to uses for the payment of a dividend ( $ 54.0 million ) and stock repurchase ( $ 26.7 million ) , and a source of cash from the issuance of common shares related to the exercise of employee stock options , the related tax benefit , and the employee stock purchase plan ( $ 9.7 million ) . cash dividends paid to shareholders were $ 162.5 million , $ 107.9 million , and $ 54.0 million during fiscal years 2007 , 2006 , and 2005 , respectively . we believe that our existing cash balances and cash flow from operations will be sufficient to meet our projected capital expenditures , working capital and other cash requirements at least through the end of fiscal 2010 . contractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 , aggregated by type of contractual obligation .
|contractual obligations|payments due by period total|payments due by period less than 1 year|payments due by period 1-3 years|payments due by period 3-5 years|payments due by period more than 5 years|
|operating leases|$ 43438|$ 6581|$ 11582|$ 9263|$ 16012|
|purchase obligations|5078|422|2251|2405|0|
|total|$ 48516|$ 7003|$ 13833|$ 11668|$ 16012|
operating leases describes lease obligations associated with garmin facilities located in the u.s. , taiwan , the u.k. , and canada . purchase obligations are the aggregate of those purchase orders that were outstanding on december 29 , 2007 ; these obligations are created and then paid off within 3 months during the normal course of our manufacturing business . off-balance sheet arrangements we do not have any off-balance sheet arrangements . item 7a . quantitative and qualitative disclosures about market risk market sensitivity we have market risk primarily in connection with the pricing of our products and services and the purchase of raw materials . product pricing and raw materials costs are both significantly influenced by semiconductor market conditions . historically , during cyclical industry downturns , we have been able to offset pricing declines for our products through a combination of improved product mix and success in obtaining price reductions in raw materials costs . inflation we do not believe that inflation has had a material effect on our business , financial condition or results of operations . if our costs were to become subject to significant inflationary pressures , we may not be able to fully offset such higher costs through price increases . our inability or failure to do so could adversely affect our business , financial condition and results of operations . foreign currency exchange rate risk the operation of garmin 2019s subsidiaries in international markets results in exposure to movements in currency exchange rates . we generally have not been significantly affected by foreign exchange fluctuations .
Question: what percentage of total contractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 are due to purchase obligations?
Answer:
|
0.10467
|
what percentage of total contractual obligations and commercial commitments future commitments of garmin , as of december 29 , 2007 are due to purchase obligations?
|
{
"options": {
"A": "0.10467%",
"B": "1.0467%",
"C": "10.467%",
"D": "104.67%"
},
"goldenKey": "A"
}
|
{
"A": "0.10467%",
"B": "1.0467%",
"C": "10.467%",
"D": "104.67%"
}
|
A
|
finqa833
|
Please answer the given financial question based on the context.
Context: part ii item 5 . market for registrant 2019s common equity , related stockholder matters and issuer purchases of equity securities at january 25 , 2019 , we had 26812 holders of record of our common stock , par value $ 1 per share . our common stock is traded on the new york stock exchange ( nyse ) under the symbol lmt . information concerning dividends paid on lockheed martin common stock during the past two years is as follows : common stock - dividends paid per share .
|quarter|dividends paid per share 2018|dividends paid per share 2017|
|first|$ 2.00|$ 1.82|
|second|2.00|1.82|
|third|2.00|1.82|
|fourth|2.20|2.00|
|year|$ 8.20|$ 7.46|
stockholder return performance graph the following graph compares the total return on a cumulative basis of $ 100 invested in lockheed martin common stock on december 31 , 2013 to the standard and poor 2019s ( s&p ) 500 index and the s&p aerospace & defense index . the s&p aerospace & defense index comprises arconic inc. , general dynamics corporation , harris corporation , huntington ingalls industries , l3 technologies , inc. , lockheed martin corporation , northrop grumman corporation , raytheon company , textron inc. , the boeing company , transdigm group inc. , and united technologies corporation . the stockholder return performance indicated on the graph is not a guarantee of future performance. .
Question: what is the percentage change in total dividends paid per share from 2017 to 2018?
Answer:
|
0.0992
|
what is the percentage change in total dividends paid per share from 2017 to 2018?
|
{
"options": {
"A": "0.0992%",
"B": "0.992%",
"C": "9.92%",
"D": "99.2%"
},
"goldenKey": "A"
}
|
{
"A": "0.0992%",
"B": "0.992%",
"C": "9.92%",
"D": "99.2%"
}
|
A
|
finqa834
|
Please answer the given financial question based on the context.
Context: in february 2008 , we issued $ 300.0 million of 8.375% ( 8.375 % ) series o cumulative redeemable preferred shares . the indentures ( and related supplemental indentures ) governing our outstanding series of notes also require us to comply with financial ratios and other covenants regarding our operations . we were in compliance with all such covenants as of december 31 , 2007 . sale of real estate assets we utilize sales of real estate assets as an additional source of liquidity . we pursue opportunities to sell real estate assets at favorable prices to capture value created by us as well as to improve the overall quality of our portfolio by recycling sale proceeds into new properties with greater value creation opportunities . uses of liquidity our principal uses of liquidity include the following : 2022 property investments ; 2022 recurring leasing/capital costs ; 2022 dividends and distributions to shareholders and unitholders ; 2022 long-term debt maturities ; and 2022 other contractual obligations property investments we evaluate development and acquisition opportunities based upon market outlook , supply and long-term growth potential . recurring expenditures one of our principal uses of our liquidity is to fund the recurring leasing/capital expenditures of our real estate investments . the following is a summary of our recurring capital expenditures for the years ended december 31 , 2007 , 2006 and 2005 , respectively ( in thousands ) : .
||2007|2006|2005|
|recurring tenant improvements|$ 45296|$ 41895|$ 60633|
|recurring leasing costs|32238|32983|33175|
|building improvements|8402|8122|15232|
|totals|$ 85936|$ 83000|$ 109040|
dividends and distributions in order to qualify as a reit for federal income tax purposes , we must currently distribute at least 90% ( 90 % ) of our taxable income to shareholders . we paid dividends per share of $ 1.91 , $ 1.89 and $ 1.87 for the years ended december 31 , 2007 , 2006 and 2005 , respectively . we also paid a one-time special dividend of $ 1.05 per share in 2005 as a result of the significant gain realized from an industrial portfolio sale . we expect to continue to distribute taxable earnings to meet the requirements to maintain our reit status . however , distributions are declared at the discretion of our board of directors and are subject to actual cash available for distribution , our financial condition , capital requirements and such other factors as our board of directors deems relevant . debt maturities debt outstanding at december 31 , 2007 totaled $ 4.3 billion with a weighted average interest rate of 5.74% ( 5.74 % ) maturing at various dates through 2028 . we had $ 3.2 billion of unsecured notes , $ 546.1 million outstanding on our unsecured lines of credit and $ 524.4 million of secured debt outstanding at december 31 , 2007 . scheduled principal amortization and maturities of such debt totaled $ 249.8 million for the year ended december 31 , 2007 and $ 146.4 million of secured debt was transferred to unconsolidated subsidiaries in connection with the contribution of properties in 2007. .
Question: in 2007 what was the percent of the total recurring capital expenditures that was associated with recurring leasing costs
Answer:
|
0.37514
|
in 2007 what was the percent of the total recurring capital expenditures that was associated with recurring leasing costs
|
{
"options": {
"A": "0.052",
"B": "0.37514",
"C": "0.268",
"D": "0.091"
},
"goldenKey": "B"
}
|
{
"A": "0.052",
"B": "0.37514",
"C": "0.268",
"D": "0.091"
}
|
B
|
finqa835
|
Please answer the given financial question based on the context.
Context: ( 3 ) refer to note 2 201csummary of significant accounting principles and practices 201d for further information . 13 . employee benefitsp y defined contribution savings plans aon maintains defined contribution savings plans for the benefit of its employees . the expense recognized for these plans is included in compensation and benefits in the consolidated statements of income . the expense for the significant plans in the u.s. , u.k. , netherlands and canada is as follows ( in millions ) : .
|years ended december 31|2018|2017|2016|
|u.s .|$ 98|$ 105|$ 121|
|u.k .|45|43|43|
|netherlands and canada|25|25|27|
|total|$ 168|$ 173|$ 191|
pension and other postretirement benefits the company sponsors defined benefit pension and postretirement health and welfare plans that provide retirement , medical , and life insurance benefits . the postretirement health care plans are contributory , with retiree contributions adjusted annually , and the aa life insurance and pension plans are generally noncontributory . the significant u.s. , u.k. , netherlands and canadian pension plans are closed to new entrants. .
Question: considering the years 2016-2018 , what is the average expense for the significant plans in the u.k.?
Answer:
|
43.66667
|
considering the years 2016-2018 , what is the average expense for the significant plans in the u.k.?
|
{
"options": {
"A": "43.66667",
"B": "43.33333",
"C": "44.33333",
"D": "42.66667"
},
"goldenKey": "A"
}
|
{
"A": "43.66667",
"B": "43.33333",
"C": "44.33333",
"D": "42.66667"
}
|
A
|
finqa836
|
Please answer the given financial question based on the context.
Context: weighted average fair values and valuation assumptions used to value performance unit and performance stock grants during the years ended december 31 , 2016 , 2015 and 2014 were as follows: .
||2016|2015|2014|
|weighted average fair value of grants|$ 119.10|$ 80.64|$ 119.27|
|expected volatility|32.48% ( 32.48 % )|29.35% ( 29.35 % )|32.18% ( 32.18 % )|
|risk-free interest rate|1.15% ( 1.15 % )|1.07% ( 1.07 % )|1.18% ( 1.18 % )|
expected volatility is based on the term-matched historical volatility over the simulated term , which is calculated as the time between the grant date and the end of the performance period . the risk-free interest rate is based on a 3.25 year zero-coupon risk-free interest rate derived from the treasury constant maturities yield curve on the grant date . at december 31 , 2016 , unrecognized compensation expense related to performance units totaled $ 10 million . such unrecognized expense will be amortized on a straight-line basis over a weighted average period of 3.0 years . pension plans . eog has a defined contribution pension plan in place for most of its employees in the united states . eog's contributions to the pension plan are based on various percentages of compensation and , in some instances , are based upon the amount of the employees' contributions . eog's total costs recognized for the plan were $ 34 million , $ 36 million and $ 41 million for 2016 , 2015 and 2014 , respectively . in addition , eog's trinidadian subsidiary maintains a contributory defined benefit pension plan and a matched savings plan . eog's united kingdom subsidiary maintains a pension plan which includes a non-contributory defined contribution pension plan and a matched defined contribution savings plan . these pension plans are available to most employees of the trinidadian and united kingdom subsidiaries . eog's combined contributions to these plans were $ 1 million , $ 1 million and $ 5 million for 2016 , 2015 and 2014 , respectively . for the trinidadian defined benefit pension plan , the benefit obligation , fair value of plan assets and accrued benefit cost totaled $ 8 million , $ 7 million and $ 0.3 million , respectively , at december 31 , 2016 , and $ 9 million , $ 7 million and $ 0.2 million , respectively , at december 31 , 2015 . in connection with the divestiture of substantially all of its canadian assets in the fourth quarter of 2014 , eog has elected to terminate the canadian non-contributory defined benefit pension plan . postretirement health care . eog has postretirement medical and dental benefits in place for eligible united states and trinidad employees and their eligible dependents , the costs of which are not material . 8 . commitments and contingencies letters of credit and guarantees . at december 31 , 2016 and 2015 , respectively , eog had standby letters of credit and guarantees outstanding totaling approximately $ 226 million and $ 272 million , primarily representing guarantees of payment or performance obligations on behalf of subsidiaries . as of february 20 , 2017 , there were no demands for payment under these guarantees. .
Question: what is the variation observed in the risk-free interest rate during 2015 and 2016?
Answer:
|
0.0008
|
what is the variation observed in the risk-free interest rate during 2015 and 2016?
|
{
"options": {
"A": "0.0008",
"B": "0.001",
"C": "0.0011",
"D": "0.0012"
},
"goldenKey": "A"
}
|
{
"A": "0.0008",
"B": "0.001",
"C": "0.0011",
"D": "0.0012"
}
|
A
|
finqa837
|
Please answer the given financial question based on the context.
Context: properties , plants , and equipment . properties , plants , and equipment are recorded at cost . depreciation is recorded principally on the straight-line method at rates based on the estimated useful lives of the assets . the following table details the weighted-average useful lives of structures and machinery and equipment by reporting segment ( numbers in years ) : .
|segment|structures|machinery and equipment|
|global rolled products|31|21|
|engineered products and solutions|29|17|
|transportation and construction solutions|27|19|
gains or losses from the sale of assets are generally recorded in other income , net ( see policy below for assets classified as held for sale and discontinued operations ) . repairs and maintenance are charged to expense as incurred . interest related to the construction of qualifying assets is capitalized as part of the construction costs . properties , plants , and equipment are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of such assets ( asset group ) may not be recoverable . recoverability of assets is determined by comparing the estimated undiscounted net cash flows of the operations related to the assets ( asset group ) to their carrying amount . an impairment loss would be recognized when the carrying amount of the assets ( asset group ) exceeds the estimated undiscounted net cash flows . the amount of the impairment loss to be recorded is calculated as the excess of the carrying value of the assets ( asset group ) over their fair value , with fair value determined using the best information available , which generally is a discounted cash flow ( dcf ) model . the determination of what constitutes an asset group , the associated estimated undiscounted net cash flows , and the estimated useful lives of assets also require significant judgments . goodwill and other intangible assets . goodwill is not amortized ; instead , it is reviewed for impairment annually ( in the fourth quarter ) or more frequently if indicators of impairment exist or if a decision is made to sell or exit a business . a significant amount of judgment is involved in determining if an indicator of impairment has occurred . such indicators may include deterioration in general economic conditions , negative developments in equity and credit markets , adverse changes in the markets in which an entity operates , increases in input costs that have a negative effect on earnings and cash flows , or a trend of negative or declining cash flows over multiple periods , among others . the fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill . goodwill is allocated among and evaluated for impairment at the reporting unit level , which is defined as an operating segment or one level below an operating segment . arconic has eight reporting units , of which four are included in the engineered products and solutions segment , three are included in the transportation and construction solutions segment , and the remaining reporting unit is the global rolled products segment . more than 70% ( 70 % ) of arconic 2019s total goodwill is allocated to two reporting units as follows : arconic fastening systems and rings ( afsr ) ( $ 2200 ) and arconic power and propulsion ( app ) ( $ 1647 ) businesses , both of which are included in the engineered products and solutions segment . these amounts include an allocation of corporate 2019s goodwill . in november 2014 , arconic acquired firth rixson ( see note f ) , and , as a result recognized $ 1801 in goodwill . this amount was allocated between the afsr and arconic forgings and extrusions ( afe ) reporting units , which is part of the engineered products and solutions segment . in march and july 2015 , arconic acquired tital and rti , respectively , ( see note f ) and recognized $ 117 and $ 298 , respectively , in goodwill . the goodwill amount related to tital was allocated to the app reporting unit and the amount related to rti was allocated to arconic titanium and engineered products ( atep ) , a new arconic reporting unit that consists solely of the acquired rti business and is part of the engineered products and solutions segment . in reviewing goodwill for impairment , an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not ( greater than 50% ( 50 % ) ) that the estimated fair value of a reporting unit is less than its carrying amount . if an entity elects to perform a qualitative assessment and determines that an impairment is more likely than not , the entity is then required to perform the .
Question: what is the difference between firth rixson's goodwill and the rti's?
Answer:
|
1503.0
|
what is the difference between firth rixson's goodwill and the rti's?
|
{
"options": {
"A": "117.0",
"B": "298.0",
"C": "1503.0",
"D": "1801.0"
},
"goldenKey": "C"
}
|
{
"A": "117.0",
"B": "298.0",
"C": "1503.0",
"D": "1801.0"
}
|
C
|
finqa838
|
Please answer the given financial question based on the context.
Context: performance graph comparison of five-year cumulative total return the following graph and table compare the cumulative total return on citi 2019s common stock , which is listed on the nyse under the ticker symbol 201cc 201d and held by 81805 common stockholders of record as of january 31 , 2016 , with the cumulative total return of the s&p 500 index and the s&p financial index over the five-year period through december 31 , 2015 . the graph and table assume that $ 100 was invested on december 31 , 2010 in citi 2019s common stock , the s&p 500 index and the s&p financial index , and that all dividends were reinvested . comparison of five-year cumulative total return for the years ended date citi s&p 500 financials .
|date|citi|s&p 500|s&p financials|
|31-dec-2010|100.00|100.00|100.00|
|30-dec-2011|55.67|102.11|82.94|
|31-dec-2012|83.81|118.45|106.84|
|31-dec-2013|110.49|156.82|144.90|
|31-dec-2014|114.83|178.28|166.93|
|31-dec-2015|110.14|180.75|164.39|
.
Question: what was the overall percentage growth of the cumulative total return for citi from 2010 to 2015
Answer:
|
0.1014
|
what was the overall percentage growth of the cumulative total return for citi from 2010 to 2015
|
{
"options": {
"A": "0.5567",
"B": "0.8381",
"C": "1.1448",
"D": "0.1014"
},
"goldenKey": "D"
}
|
{
"A": "0.5567",
"B": "0.8381",
"C": "1.1448",
"D": "0.1014"
}
|
D
|
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