evals-hub/financebench_gold · Datasets at Hugging Face

id stringlengths 21 21	question stringlengths 44 592	answer_type stringclasses 3 values	answer stringlengths 1 609
financebench_id_03029	What is the FY2018 capital expenditure amount (in USD millions) for 3M? Give a response to the question by relying on the details shown in the cash flow statement.	metrics-generated	$1577.00
financebench_id_04672	Assume that you are a public equities analyst. Answer the following question by primarily using information that is shown in the balance sheet: what is the year end FY2018 net PPNE for 3M? Answer in USD billions.	metrics-generated	$8.70
financebench_id_00499	Is 3M a capital-intensive business based on FY2022 data?	domain-relevant	No, the company is managing its CAPEX and Fixed Assets pretty efficiently, which is evident from below key metrics: CAPEX/Revenue Ratio: 5.1% Fixed assets/Total Assets: 20% Return on Assets= 12.4%
financebench_id_01226	What drove operating margin change as of FY2022 for 3M? If operating margin is not a useful metric for a company like this, then please state that and explain why.	domain-relevant	Operating Margin for 3M in FY2022 has decreased by 1.7% primarily due to: -Decrease in gross Margin -mostly one-off charges including Combat Arms Earplugs litigation, impairment related to exiting PFAS manufacturing, costs related to exiting Russia and divestiture-related restructuring charges
financebench_id_01865	If we exclude the impact of M&A, which segment has dragged down 3M's overall growth in 2022?	novel-generated	The consumer segment shrunk by 0.9% organically.
financebench_id_00807	Does 3M have a reasonably healthy liquidity profile based on its quick ratio for Q2 of FY2023? If the quick ratio is not relevant to measure liquidity, please state that and explain why.	domain-relevant	No. The quick ratio for 3M was 0.96 by Jun'23 close, which needs a bit of an improvement to touch the 1x mark
financebench_id_00941	Which debt securities are registered to trade on a national securities exchange under 3M's name as of Q2 of 2023?	domain-relevant	Following debt securities registered under 3M's name are listed to trade on the New York Stock Exchange: -1.500% Notes due 2026 (Trading Symbol: MMM26) -1.750% Notes due 2030 (Trading Symbol: MMM30) -1.500% Notes due 2031 (Trading Symbol: MMM31)
financebench_id_01858	Does 3M maintain a stable trend of dividend distribution?	novel-generated	Yes, not only they distribute the dividends on a routine basis, 3M has also been increasing the per share dividend for consecutive 65 years
financebench_id_02987	What is the FY2019 fixed asset turnover ratio for Activision Blizzard? Fixed asset turnover ratio is defined as: FY2019 revenue / (average PP&E between FY2018 and FY2019). Round your answer to two decimal places. Base your judgments on the information provided primarily in the statement of income and the statement of financial position.	metrics-generated	24.26
financebench_id_07966	What is the FY2017 - FY2019 3 year average of capex as a % of revenue for Activision Blizzard? Answer in units of percents and round to one decimal place. Calculate (or extract) the answer from the statement of income and the cash flow statement.	metrics-generated	1.9%
financebench_id_04735	You are an investment banker and your only resource(s) to answer the following question is (are): the statement of financial position and the cash flow statement. Here's the question: what is the FY2015 operating cash flow ratio for Adobe? Operating cash flow ratio is defined as: cash from operations / total current liabilities. Round your answer to two decimal places.	metrics-generated	0.66
financebench_id_07507	What is Adobe's year-over-year change in unadjusted operating income from FY2015 to FY2016 (in units of percents and round to one decimal place)? Give a solution to the question by using the income statement.	metrics-generated	65.4%
financebench_id_03856	What is the FY2017 operating cash flow ratio for Adobe? Operating cash flow ratio is defined as: cash from operations / total current liabilities. Round your answer to two decimal places. Please utilize information provided primarily within the balance sheet and the cash flow statement.	metrics-generated	0.83
financebench_id_00438	Does Adobe have an improving operating margin profile as of FY2022? If operating margin is not a useful metric for a company like this, then state that and explain why.	domain-relevant	No the operating margins of Adobe have recently declined from 36.8% in FY 2021 to 34.6% in FY2022. A drop by 2.2% in a year.
financebench_id_00591	Does Adobe have an improving Free cashflow conversion as of FY2022?	novel-generated	Yes, the FCF conversion (using net income as the denominator) for Adobe has improved by ~13% from 143% in 2021 to 156% in 2022
financebench_id_01319	What is the quantity of restructuring costs directly outlined in AES Corporation's income statements for FY2022? If restructuring costs are not explicitly outlined then state 0.	domain-relevant	0
financebench_id_00540	Roughly how many times has AES Corporation sold its inventory in FY2022? Calculate inventory turnover ratio for the FY2022; if conventional inventory management is not meaningful for the company then state that and explain why.	domain-relevant	AES has converted inventory 9.5 times in FY 2022.
financebench_id_10420	Based on the information provided primarily in the statement of financial position and the statement of income, what is AES's FY2022 return on assets (ROA)? ROA is defined as: FY2022 net income / (average total assets between FY2021 and FY2022). Round your answer to two decimal places.	metrics-generated	-0.02
financebench_id_06655	What is Amazon's FY2017 days payable outstanding (DPO)? DPO is defined as: 365 * (average accounts payable between FY2016 and FY2017) / (FY2017 COGS + change in inventory between FY2016 and FY2017). Round your answer to two decimal places. Address the question by using the line items and information shown within the balance sheet and the P&L statement.	metrics-generated	93.86
financebench_id_08135	What is Amazon's year-over-year change in revenue from FY2016 to FY2017 (in units of percents and round to one decimal place)? Calculate what was asked by utilizing the line items clearly shown in the statement of income.	metrics-generated	30.8%
financebench_id_08286	By drawing conclusions from the information stated only in the income statement, what is Amazon's FY2019 net income attributable to shareholders (in USD millions)?	metrics-generated	$11588.00
financebench_id_03882	What is Amcor's year end FY2020 net AR (in USD millions)? Address the question by adopting the perspective of a financial analyst who can only use the details shown within the balance sheet.	metrics-generated	$1616.00
financebench_id_01935	What was the key agenda of the AMCOR's 8k filing dated 1st July 2022?	novel-generated	Amcor Finance (USA), Inc. and Amcor Flexibles North America, Inc., entered into supplemental indentures relating to Guaranteed Senior Notes due 2026 and 2028. This involved the substitution of the Substitute Issuer (Amcor Flexibles North America) for the Former Issuer (Amcor Finance) and the assumption of covenants under the indentures. (In essence a novation agreement)
financebench_id_00799	Has AMCOR's quick ratio improved or declined between FY2023 and FY2022? If the quick ratio is not something that a financial analyst would ask about a company like this, then state that and explain why.	domain-relevant	The quick ratio has slightly improved from 0.67 times to 0.69 times between FY 2023 and FY 2022.(3.4% jump)
financebench_id_01079	What are major acquisitions that AMCOR has done in FY2023, FY2022 and FY2021?	domain-relevant	Amcor completed these acquisitions during FY2023: -100% equity interest of a flexibles manufacturing company in the Czech Republic - 100% equity interest in a medical device packaging manufacturing site in Shanghai, China. -acquisition of a New Zealand-based leading manufacturer of state-of-the-art, automated protein packaging machines.
financebench_id_01148	What industry does AMCOR primarily operate in?	domain-relevant	Amcor is a global leader in packaging production for various use cases.
financebench_id_00684	Does AMCOR have an improving gross margin profile as of FY2023? If gross margin is not a useful metric for a company like this, then state that and explain why.	domain-relevant	No. For AMCOR there has been a slight decline in gross margins by 0.8%.
financebench_id_01936	What is the nature & purpose of AMCOR's restructuring liability as oF Q2 of FY2023 close?	novel-generated	87% of the total restructuring liability is related Employee liabilities.
financebench_id_01928	What Was AMCOR's Adjusted Non GAAP EBITDA for FY 2023	novel-generated	AMCOR's Adj. EBITDA was $2,018mn in FY 2023
financebench_id_01930	How much was the Real change in Sales for AMCOR in FY 2023 vs FY 2022, if we exclude the impact of FX movement, passthrough costs and one-off items?	novel-generated	The Real Growth was flat in FY 2023 vs FY 2022.
financebench_id_03069	Answer the following question as if you are an equity research analyst and have lost internet connection so you do not have access to financial metric providers. According to the details clearly outlined within the P&L statement and the statement of cash flows, what is the FY2015 depreciation and amortization (D&A from cash flow statement) % margin for AMD?	metrics-generated	4.2%
financebench_id_00222	Does AMD have a reasonably healthy liquidity profile based on its quick ratio for FY22? If the quick ratio is not relevant to measure liquidity, please state that and explain why.	domain-relevant	Yes. The quick ratio is 1.57, calculated as (cash and cash equivalents+Short term investments+Accounts receivable, net+receivables from related parties)/ (current liabilities).
financebench_id_00995	What are the major products and services that AMD sells as of FY22?	domain-relevant	AMD sells server microprocessors (CPUs) and graphics processing units (GPUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive System-on-Chip (SoC) products for data centers; CPUs, accelerated processing units (APUs) that integrate CPUs and GPUs, and chipsets for desktop and notebook personal computers; discrete GPUs, and semi-custom SoC products and development services; and embedded CPUs, GPUs, APUs, FPGAs, and Adaptive SoC products.
financebench_id_01198	What drove revenue change as of the FY22 for AMD?	domain-relevant	In 2022, AMD reported Higher sales of their EPYC server processors, higher semi-custom product sales, and the inclusion of Xilinx embedded product sales
financebench_id_00917	What drove operating margin change as of the FY22 for AMD? If operating margin is not a useful metric for a company like this, then please state that and explain why.	domain-relevant	The decrease in AMD's operating income was primarily driven by amortization of intangible assets associated with the Xilinx acquisition
financebench_id_01279	Among operations, investing, and financing activities, which brought in the most (or lost the least) cash flow for AMD in FY22?	domain-relevant	In 2022, AMD brought in the most cashflow from Operations
financebench_id_00563	From FY21 to FY22, excluding Embedded, in which AMD reporting segment did sales proportionally increase the most?	novel-generated	Data Center
financebench_id_00757	Did AMD report customer concentration in FY22?	novel-generated	Yes, one customer accounted for 16% of consolidated net revenue
financebench_id_00476	Which debt securities are registered to trade on a national securities exchange under American Express' name as of 2022?	domain-relevant	There are none
financebench_id_01028	What are the geographies that American Express primarily operates in as of 2022?	domain-relevant	United States, EMEA, APAC, and LACC
financebench_id_00723	Does AMEX have an improving operating margin profile as of 2022? If operating margin is not a useful metric for a company like this, then state that and explain why.	domain-relevant	Performance is not measured through operating margin
financebench_id_00720	What drove gross margin change as of the FY2022 for American Express? If gross margin is not a useful metric for a company like this, then please state that and explain why.	domain-relevant	Performance is not measured through gross margin
financebench_id_01351	How much has the effective tax rate of American Express changed between FY2021 and FY2022?	domain-relevant	The effective tax rate for American Express has changed/dropped from 24.6% in FY 2021 to 21.6% in FY 2022.
financebench_id_01964	What was the largest liability in American Express's Balance Sheet in 2022?	novel-generated	Customer deposits
financebench_id_01981	Was American Express able to retain card members during 2022?	novel-generated	Yes
financebench_id_05718	How much (in USD billions) did American Water Works pay out in cash dividends for FY2020? Compute or extract the answer by primarily using the details outlined in the statement of cash flows.	metrics-generated	$0.40
financebench_id_04254	Basing your judgments off of the cash flow statement and the income statement, what is American Water Works's FY2021 unadjusted operating income + depreciation and amortization from the cash flow statement (unadjusted EBITDA) in USD millions?	metrics-generated	$1832.00
financebench_id_00070	Does American Water Works have positive working capital based on FY2022 data? If working capital is not a useful or relevant metric for this company, then please state that and explain why.	domain-relevant	No, American Water Works had negative working capital of -$1561M in FY 2022.
financebench_id_02608	In agreement with the information outlined in the income statement, what is the FY2015 - FY2017 3 year average net profit margin (as a %) for Best Buy? Answer in units of percents and round to one decimal place.	metrics-generated	2.8%
financebench_id_04417	What is the year end FY2019 total amount of inventories for Best Buy? Answer in USD millions. Base your judgments on the information provided primarily in the balance sheet.	metrics-generated	$5409.00
financebench_id_00685	Are Best Buy's gross margins historically consistent (not fluctuating more than roughly 2% each year)? If gross margins are not a relevant metric for a company like this, then please state that and explain why.	domain-relevant	Yes, the margins have been consistent, there has been a minor decline of 1.1% in gross margins between FY2022 and FY2023.
financebench_id_01077	What are major acquisitions that Best Buy has done in FY2023, FY2022 and FY2021?	domain-relevant	Best Buy closed two acquisitions, both these companies were already partially owned by Best Buy, but Best Buy acquired all outstanding shares of these two companies during FY 2022: (1) Current Health Ltd and (2) Two Peaks, LLC d/b/a Yardbird Furniture
financebench_id_01275	Among operations, investing, and financing activities, which brought in the most (or lost the least) cash flow for Best Buy in FY2023?	domain-relevant	Best Buy generated the most cash flow from operating activities in FY 2023 ($1.8 bn)
financebench_id_00288	Was there any drop in Cash & Cash equivalents between FY 2023 and Q2 of FY2024?	novel-generated	Yes, there was a decline of ~42% between FY2023 and Q2 of FY 2024.
financebench_id_00460	Was there any change in the number of Best Buy stores between Q2 of FY2024 and FY2023?	novel-generated	Yes, there is decline in number stores by 1.32% from 982 stores in Q2 FY 2023 to 969 by the end of Q2 FY2024.
financebench_id_01902	Which Best Buy product category performed the best (by top line) in the domestic (USA) Market during Q2 of FY2024?	novel-generated	The entertainment segment experienced the highest growth of 9% during Q2 FY2024, primarily from gaming division.
financebench_id_04660	Considering the data in the balance sheet, what is Block's (formerly known as Square) FY2016 working capital ratio? Define working capital ratio as total current assets divided by total current liabilities. Round your answer to two decimal places.	metrics-generated	1.73
financebench_id_03838	What is the FY2019 - FY2020 total revenue growth rate for Block (formerly known as Square)? Answer in units of percents and round to one decimal place. Approach the question asked by assuming the standpoint of an investment banking analyst who only has access to the statement of income.	metrics-generated	101.5%
financebench_id_07661	Using the cash flow statement, answer the following question to the best of your abilities: how much did Block (formerly known as Square) generate in cash flow from operating activities in FY2020? Answer in USD millions.	metrics-generated	$382.00
financebench_id_10285	We need to calculate a financial metric by using information only provided within the balance sheet. Please answer the following question: what is Boeing's year end FY2018 net property, plant, and equipment (in USD millions)?	metrics-generated	$12645.00
financebench_id_00517	Are there any product categories / service categories that represent more than 20% of Boeing's revenue for FY2022?	domain-relevant	Yes. Boeing has product and service categories that represent more than 20% of Boeing's revenue for FY2022. These categories are Commercial Airplanes which comprises 39% of total revenue, Defence which comprises 35% of total revenue and Services which comprises 26% of total revenue.
financebench_id_01091	Has Boeing reported any materially important ongoing legal battles from FY2022?	domain-relevant	Yes. Multiple lawsuits have been filed against Boeing resulting from a 2018 Lion Air crash and a 2019 Ethiopian Airlines crash.
financebench_id_00678	Does Boeing have an improving gross margin profile as of FY2022? If gross margin is not a useful metric for a company like this, then state that and explain why.	domain-relevant	Yes. Boeing has an improving gross margin profile as of FY2022. Gross profit improved from $3,017 million in FY2021 to $3,502 million in FY2022. Gross margin % improved from 4.8% in FY2021 to 5.3% in FY2022.
financebench_id_01290	Who are the primary customers of Boeing as of FY2022?	domain-relevant	Boeing's primary customers as of FY2022 are a limited number of commercial airlines and the US government. The US government accounted for 40% of Boeing's total revenues in FY2022.
financebench_id_00464	Is Boeing's business subject to cyclicality?	novel-generated	Yes, Boeing's business is subject to cyclicality due to its exposure to the airline industry which is a cyclical industry.
financebench_id_00494	What production rate changes is Boeing forecasting for FY2023?	novel-generated	Boeing forecasts an increase in the production rates for the 737, 777X and 787 aircrafts in 2023.
financebench_id_00585	How does Boeing's effective tax rate in FY2022 compare to FY2021?	novel-generated	Effective tax rate in FY2022 was 0.62%, compared to -14.76% in FY2021.
financebench_id_03473	What is the FY2017 return on assets (ROA) for Coca Cola? ROA is defined as: FY2017 net income / (average total assets between FY2016 and FY2017). Round your answer to two decimal places. Give a response to the question by relying on the details shown in the balance sheet and the P&L statement.	metrics-generated	0.01
financebench_id_09724	What is Coca Cola's FY2021 COGS % margin? Calculate what was asked by utilizing the line items clearly shown in the income statement.	metrics-generated	39.7%
financebench_id_06272	What is Coca Cola's FY2022 dividend payout ratio (using total cash dividends paid and net income attributable to shareholders)? Round answer to two decimal places. Answer the question asked by assuming you only have access to information clearly displayed in the cash flow statement and the income statement.	metrics-generated	0.8
financebench_id_10130	Based on the information provided primarily in the balance sheet and the statement of income, what is FY2020 days payable outstanding (DPO) for Corning? DPO is defined as: 365 * (average accounts payable between FY2019 and FY2020) / (FY2020 COGS + change in inventory between FY2019 and FY2020). Round your answer to two decimal places.	metrics-generated	63.86
financebench_id_02981	Taking into account the information outlined in the income statement, what is the FY2019 - FY2021 3 year average unadjusted operating income % margin for Corning? Answer in units of percents and round to one decimal place.	metrics-generated	10.3%
financebench_id_01346	How much has the effective tax rate of Corning changed between FY2021 and FY2022?	domain-relevant	The effective tax rate of Corning has changed from 20% in FY2021 to 23% in FY 2022.
financebench_id_00005	Does Corning have positive working capital based on FY2022 data? If working capital is not a useful or relevant metric for this company, then please state that and explain why.	domain-relevant	Yes. Corning had a positive working capital amount of $831 million by FY 2022 close. This answer considers only operating current assets and current liabilities that were clearly shown in the balance sheet.
financebench_id_04209	Using only the information within the balance sheet, how much total assets did Costco have at the end of FY2021? Answer in USD millions.	metrics-generated	$59268.00
financebench_id_05915	What is the FY2018 fixed asset turnover ratio for CVS Health? Fixed asset turnover ratio is defined as: FY2018 revenue / (average PP&E between FY2017 and FY2018). Round your answer to two decimal places. Calculate what was asked by utilizing the line items clearly shown in the P&L statement and the balance sheet.	metrics-generated	17.98
financebench_id_00790	Is CVS Health a capital-intensive business based on FY2022 data?	domain-relevant	Yes, CVS Health requires an extensive asset base to operate, which is evident from its ROA of only 1.82% in 2022 and 3.39% in 2021, though it should be noted that a significant portion of this asset base is goodwill, and CVS's fixed assets/total assets ratio is on the lower side of 5.6%.
financebench_id_01107	Has CVS Health reported any materially important ongoing legal battles from 2022, 2021 and 2020?	domain-relevant	Yes, CVS Health has been involved in multiple ongoing legal battles. Some notable legal dispute areas for CVS are: (1) usual and customary pricing litigation: where it's claimed that CVSâs retail pharmacies overcharged for prescription drugs; (2) PBM litigation and investigations: where it's claimed that that rebate agreements between the drug manufacturers and PBMs caused inflated prices for certain drug products; and (3) controlled substances litigation: legal matters around opioids for which CVS has agreed to pay up to $4.3 billion to claimants in remediation and $625 million to attorneys and fees
financebench_id_01244	Has CVS Health paid dividends to common shareholders in Q2 of FY2022?	domain-relevant	Yes, CVS paid a $ 0.55 dividend per share every quarter in FY2022
financebench_id_00839	Does Foot Locker's new CEO have previous CEO experience in a similar company to Footlocker?	novel-generated	Yes. She was previous CEO of Ulta Beauty which means she had to manage a large retail company that has brick and mortar + online business. So yes she was a CEO in a similar company to Foot Locker before this.
financebench_id_00822	Were there any board member nominees who had substantially more votes against joining than the other nominees?	novel-generated	Yes, his name is Richard A. Johnson
financebench_id_04103	What is the FY2019 cash conversion cycle (CCC) for General Mills? CCC is defined as: DIO + DSO - DPO. DIO is defined as: 365 * (average inventory between FY2018 and FY2019) / (FY2019 COGS). DSO is defined as: 365 * (average accounts receivable between FY2018 and FY2019) / (FY2019 Revenue). DPO is defined as: 365 * (average accounts payable between FY2018 and FY2019) / (FY2019 COGS + change in inventory between FY2018 and FY2019). Round your answer to two decimal places. Address the question by using the line items and information shown within the income statement and the balance sheet.	metrics-generated	-3.7
financebench_id_03471	By drawing conclusions from the information stated only in the statement of financial position, what is General Mills's FY2020 working capital ratio? Define working capital ratio as total current assets divided by total current liabilities. Round your answer to two decimal places.	metrics-generated	0.68
financebench_id_04854	According to the information provided in the statement of cash flows, what is the FY2020 free cash flow (FCF) for General Mills? FCF here is defined as: (cash from operations - capex). Answer in USD millions.	metrics-generated	$3215.00
financebench_id_10136	We want to calculate a financial metric. Please help us compute it by basing your answers off of the cash flow statement and the income statement. Here's the question: what is the FY2022 retention ratio (using total cash dividends paid and net income attributable to shareholders) for General Mills? Round answer to two decimal places.	metrics-generated	0.54
financebench_id_00956	Are JnJ's FY2022 financials that of a high growth company?	domain-relevant	No, JnJ's FY2022 financials are not of a high growth company as sales grew by 1.3% in FY2022.
financebench_id_00669	What drove gross margin change as of FY2022 for JnJ? If gross margin is not a useful metric for a company like this, then please state that and explain why.	domain-relevant	For FY22, JnJ had changes in gross margin due to: One-time COVID-19 vaccine manufacturing exit related costs, Currency impacts in the Pharmaceutical segment, Commodity inflation in the MedTech and Consumer Health segments, partially offset by Supply chain benefits in the Consumer Health segment.
financebench_id_00711	Roughly how many times has JnJ sold its inventory in FY2022? Calculate inventory turnover ratio for FY2022; if conventional inventory management is not meaningful for the company then state that and explain why.	domain-relevant	JnJ sold its inventory 2.7 times in FY2022.
financebench_id_00651	Is growth in JnJ's adjusted EPS expected to accelerate in FY2023?	novel-generated	No, rate of growth in adjusted EPS is expected to decelerate slightly from 3.6% in FY2022 to 3.5% in FY2023.
financebench_id_01484	How did JnJ's US sales growth compare to international sales growth in FY2022?	novel-generated	US sales increased 3.0% vs international sales decline of 0.6%.
financebench_id_01488	Which business segment of JnJ will be treated as a discontinued operation from August 30, 2023 onward?	novel-generated	The Consumer Health business segment will be treated as a discontinued operation from August 30, 2023 onward.
financebench_id_01490	What is the amount of the gain accruing to JnJ as a result of the separation of its Consumer Health business segment, as of August 30, 2023?	novel-generated	JnJ will make a gain of approximately $20 billion from the separation of its Consumer Health business segment.
financebench_id_01491	What is the amount of the cash proceeds that JnJ realised from the separation of Kenvue (formerly Consumer Health business segment), as of August 30, 2023?	novel-generated	JnJ realised $13.2 billion in cash proceeds from the separation of Kenvue.
financebench_id_01487	Did JnJ's net earnings as a percent of sales increase in Q2 of FY2023 compared to Q2 of FY2022?	novel-generated	Yes, net earnings as a percent of sales increased from 20% in Q2 of FY2022 to 20.1% in Q2 of FY2023.
financebench_id_00299	Which of JPM's business segments had the lowest net revenue in 2021 Q1?	novel-generated	Corporate. Its net revenue was -$473 million.
financebench_id_02119	If JPM went bankrupted by the end by 2021 Q1 and liquidated all of its assets to pay its shareholders, how much could each shareholder get?	novel-generated	They could receive $66.56 per share.
financebench_id_00206	Are JPM's gross margins historically consistent (not fluctuating more than roughly 2% each year)? If gross margins are not a relevant metric for a company like this, then please state that and explain why.	domain-relevant	Since JPM is a financial institution, gross margin is not a relevant metric.
financebench_id_00394	In 2022 Q2, which of JPM's business segments had the highest net income?	novel-generated	Corporate & Investment Bank. Its net income was $3725 million.
financebench_id_02049	Looking at VaR, did the risk that JPM faced in the second fiscal quarter of 2023 decrease compared to the same period in the prior year?	novel-generated	Yes. It decreased.
financebench_id_10499	What is Kraft Heinz's FY2019 inventory turnover ratio? Inventory turnover ratio is defined as: (FY2019 COGS) / (average inventory between FY2018 and FY2019). Round your answer to two decimal places. Please base your judgments on the information provided primarily in the balance sheet and the P&L statement.	metrics-generated	6.25

financebench_id_03029

What is the FY2018 capital expenditure amount (in USD millions) for 3M? Give a response to the question by relying on the details shown in the cash flow statement.

metrics-generated

$1577.00

financebench_id_04672

Assume that you are a public equities analyst. Answer the following question by primarily using information that is shown in the balance sheet: what is the year end FY2018 net PPNE for 3M? Answer in USD billions.

metrics-generated

$8.70

financebench_id_00499

Is 3M a capital-intensive business based on FY2022 data?

domain-relevant

No, the company is managing its CAPEX and Fixed Assets pretty efficiently, which is evident from below key metrics: CAPEX/Revenue Ratio: 5.1% Fixed assets/Total Assets: 20% Return on Assets= 12.4%

financebench_id_01226

What drove operating margin change as of FY2022 for 3M? If operating margin is not a useful metric for a company like this, then please state that and explain why.

domain-relevant

Operating Margin for 3M in FY2022 has decreased by 1.7% primarily due to: -Decrease in gross Margin -mostly one-off charges including Combat Arms Earplugs litigation, impairment related to exiting PFAS manufacturing, costs related to exiting Russia and divestiture-related restructuring charges

financebench_id_01865

If we exclude the impact of M&A, which segment has dragged down 3M's overall growth in 2022?

novel-generated

The consumer segment shrunk by 0.9% organically.

financebench_id_00807

Does 3M have a reasonably healthy liquidity profile based on its quick ratio for Q2 of FY2023? If the quick ratio is not relevant to measure liquidity, please state that and explain why.

domain-relevant

No. The quick ratio for 3M was 0.96 by Jun'23 close, which needs a bit of an improvement to touch the 1x mark

financebench_id_00941

Which debt securities are registered to trade on a national securities exchange under 3M's name as of Q2 of 2023?

domain-relevant

Following debt securities registered under 3M's name are listed to trade on the New York Stock Exchange: -1.500% Notes due 2026 (Trading Symbol: MMM26) -1.750% Notes due 2030 (Trading Symbol: MMM30) -1.500% Notes due 2031 (Trading Symbol: MMM31)

financebench_id_01858

Does 3M maintain a stable trend of dividend distribution?

novel-generated

Yes, not only they distribute the dividends on a routine basis, 3M has also been increasing the per share dividend for consecutive 65 years

financebench_id_02987

What is the FY2019 fixed asset turnover ratio for Activision Blizzard? Fixed asset turnover ratio is defined as: FY2019 revenue / (average PP&E between FY2018 and FY2019). Round your answer to two decimal places. Base your judgments on the information provided primarily in the statement of income and the statement of financial position.

metrics-generated

24.26

financebench_id_07966

What is the FY2017 - FY2019 3 year average of capex as a % of revenue for Activision Blizzard? Answer in units of percents and round to one decimal place. Calculate (or extract) the answer from the statement of income and the cash flow statement.

metrics-generated

1.9%

financebench_id_04735

You are an investment banker and your only resource(s) to answer the following question is (are): the statement of financial position and the cash flow statement. Here's the question: what is the FY2015 operating cash flow ratio for Adobe? Operating cash flow ratio is defined as: cash from operations / total current liabilities. Round your answer to two decimal places.

metrics-generated

0.66

financebench_id_07507

What is Adobe's year-over-year change in unadjusted operating income from FY2015 to FY2016 (in units of percents and round to one decimal place)? Give a solution to the question by using the income statement.

metrics-generated

65.4%

financebench_id_03856

What is the FY2017 operating cash flow ratio for Adobe? Operating cash flow ratio is defined as: cash from operations / total current liabilities. Round your answer to two decimal places. Please utilize information provided primarily within the balance sheet and the cash flow statement.

metrics-generated

0.83

financebench_id_00438

Does Adobe have an improving operating margin profile as of FY2022? If operating margin is not a useful metric for a company like this, then state that and explain why.

domain-relevant

No the operating margins of Adobe have recently declined from 36.8% in FY 2021 to 34.6% in FY2022. A drop by 2.2% in a year.

financebench_id_00591

Does Adobe have an improving Free cashflow conversion as of FY2022?

novel-generated

Yes, the FCF conversion (using net income as the denominator) for Adobe has improved by ~13% from 143% in 2021 to 156% in 2022

financebench_id_01319

What is the quantity of restructuring costs directly outlined in AES Corporation's income statements for FY2022? If restructuring costs are not explicitly outlined then state 0.

domain-relevant

0

financebench_id_00540

Roughly how many times has AES Corporation sold its inventory in FY2022? Calculate inventory turnover ratio for the FY2022; if conventional inventory management is not meaningful for the company then state that and explain why.

domain-relevant

AES has converted inventory 9.5 times in FY 2022.

financebench_id_10420

Based on the information provided primarily in the statement of financial position and the statement of income, what is AES's FY2022 return on assets (ROA)? ROA is defined as: FY2022 net income / (average total assets between FY2021 and FY2022). Round your answer to two decimal places.

metrics-generated

-0.02

financebench_id_06655

What is Amazon's FY2017 days payable outstanding (DPO)? DPO is defined as: 365 * (average accounts payable between FY2016 and FY2017) / (FY2017 COGS + change in inventory between FY2016 and FY2017). Round your answer to two decimal places. Address the question by using the line items and information shown within the balance sheet and the P&L statement.

metrics-generated

93.86

financebench_id_08135

What is Amazon's year-over-year change in revenue from FY2016 to FY2017 (in units of percents and round to one decimal place)? Calculate what was asked by utilizing the line items clearly shown in the statement of income.

metrics-generated

30.8%

financebench_id_08286

By drawing conclusions from the information stated only in the income statement, what is Amazon's FY2019 net income attributable to shareholders (in USD millions)?

metrics-generated

$11588.00

financebench_id_03882

What is Amcor's year end FY2020 net AR (in USD millions)? Address the question by adopting the perspective of a financial analyst who can only use the details shown within the balance sheet.

metrics-generated

$1616.00

financebench_id_01935

What was the key agenda of the AMCOR's 8k filing dated 1st July 2022?

novel-generated

Amcor Finance (USA), Inc. and Amcor Flexibles North America, Inc., entered into supplemental indentures relating to Guaranteed Senior Notes due 2026 and 2028. This involved the substitution of the Substitute Issuer (Amcor Flexibles North America) for the Former Issuer (Amcor Finance) and the assumption of covenants under the indentures. (In essence a novation agreement)

financebench_id_00799

Has AMCOR's quick ratio improved or declined between FY2023 and FY2022? If the quick ratio is not something that a financial analyst would ask about a company like this, then state that and explain why.

domain-relevant

The quick ratio has slightly improved from 0.67 times to 0.69 times between FY 2023 and FY 2022.(3.4% jump)

financebench_id_01079

What are major acquisitions that AMCOR has done in FY2023, FY2022 and FY2021?

domain-relevant

Amcor completed these acquisitions during FY2023: -100% equity interest of a flexibles manufacturing company in the Czech Republic - 100% equity interest in a medical device packaging manufacturing site in Shanghai, China. -acquisition of a New Zealand-based leading manufacturer of state-of-the-art, automated protein packaging machines.

financebench_id_01148

What industry does AMCOR primarily operate in?

domain-relevant

Amcor is a global leader in packaging production for various use cases.

financebench_id_00684

Does AMCOR have an improving gross margin profile as of FY2023? If gross margin is not a useful metric for a company like this, then state that and explain why.

domain-relevant

No. For AMCOR there has been a slight decline in gross margins by 0.8%.

financebench_id_01936

What is the nature & purpose of AMCOR's restructuring liability as oF Q2 of FY2023 close?

novel-generated

87% of the total restructuring liability is related Employee liabilities.

financebench_id_01928

What Was AMCOR's Adjusted Non GAAP EBITDA for FY 2023

novel-generated

AMCOR's Adj. EBITDA was $2,018mn in FY 2023

financebench_id_01930

How much was the Real change in Sales for AMCOR in FY 2023 vs FY 2022, if we exclude the impact of FX movement, passthrough costs and one-off items?

novel-generated

The Real Growth was flat in FY 2023 vs FY 2022.

financebench_id_03069

Answer the following question as if you are an equity research analyst and have lost internet connection so you do not have access to financial metric providers. According to the details clearly outlined within the P&L statement and the statement of cash flows, what is the FY2015 depreciation and amortization (D&A from cash flow statement) % margin for AMD?

metrics-generated

4.2%

financebench_id_00222

Does AMD have a reasonably healthy liquidity profile based on its quick ratio for FY22? If the quick ratio is not relevant to measure liquidity, please state that and explain why.

domain-relevant

Yes. The quick ratio is 1.57, calculated as (cash and cash equivalents+Short term investments+Accounts receivable, net+receivables from related parties)/ (current liabilities).

financebench_id_00995

What are the major products and services that AMD sells as of FY22?

domain-relevant

AMD sells server microprocessors (CPUs) and graphics processing units (GPUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs), and Adaptive System-on-Chip (SoC) products for data centers; CPUs, accelerated processing units (APUs) that integrate CPUs and GPUs, and chipsets for desktop and notebook personal computers; discrete GPUs, and semi-custom SoC products and development services; and embedded CPUs, GPUs, APUs, FPGAs, and Adaptive SoC products.

financebench_id_01198

What drove revenue change as of the FY22 for AMD?

domain-relevant

In 2022, AMD reported Higher sales of their EPYC server processors, higher semi-custom product sales, and the inclusion of Xilinx embedded product sales

financebench_id_00917

What drove operating margin change as of the FY22 for AMD? If operating margin is not a useful metric for a company like this, then please state that and explain why.

domain-relevant

The decrease in AMD's operating income was primarily driven by amortization of intangible assets associated with the Xilinx acquisition

financebench_id_01279

Among operations, investing, and financing activities, which brought in the most (or lost the least) cash flow for AMD in FY22?

domain-relevant

In 2022, AMD brought in the most cashflow from Operations

financebench_id_00563

From FY21 to FY22, excluding Embedded, in which AMD reporting segment did sales proportionally increase the most?

novel-generated

Data Center

financebench_id_00757

Did AMD report customer concentration in FY22?

novel-generated

Yes, one customer accounted for 16% of consolidated net revenue

financebench_id_00476

Which debt securities are registered to trade on a national securities exchange under American Express' name as of 2022?

domain-relevant

There are none

financebench_id_01028

What are the geographies that American Express primarily operates in as of 2022?

domain-relevant

United States, EMEA, APAC, and LACC

financebench_id_00723

Does AMEX have an improving operating margin profile as of 2022? If operating margin is not a useful metric for a company like this, then state that and explain why.

domain-relevant

Performance is not measured through operating margin

financebench_id_00720

What drove gross margin change as of the FY2022 for American Express? If gross margin is not a useful metric for a company like this, then please state that and explain why.

domain-relevant

Performance is not measured through gross margin

financebench_id_01351

How much has the effective tax rate of American Express changed between FY2021 and FY2022?

domain-relevant

The effective tax rate for American Express has changed/dropped from 24.6% in FY 2021 to 21.6% in FY 2022.

financebench_id_01964

What was the largest liability in American Express's Balance Sheet in 2022?

novel-generated

Customer deposits

financebench_id_01981

Was American Express able to retain card members during 2022?

novel-generated

Yes

financebench_id_05718

How much (in USD billions) did American Water Works pay out in cash dividends for FY2020? Compute or extract the answer by primarily using the details outlined in the statement of cash flows.

metrics-generated

$0.40

financebench_id_04254

Basing your judgments off of the cash flow statement and the income statement, what is American Water Works's FY2021 unadjusted operating income + depreciation and amortization from the cash flow statement (unadjusted EBITDA) in USD millions?

metrics-generated

$1832.00

financebench_id_00070

Does American Water Works have positive working capital based on FY2022 data? If working capital is not a useful or relevant metric for this company, then please state that and explain why.

domain-relevant

No, American Water Works had negative working capital of -$1561M in FY 2022.

financebench_id_02608

In agreement with the information outlined in the income statement, what is the FY2015 - FY2017 3 year average net profit margin (as a %) for Best Buy? Answer in units of percents and round to one decimal place.

metrics-generated

2.8%

financebench_id_04417

What is the year end FY2019 total amount of inventories for Best Buy? Answer in USD millions. Base your judgments on the information provided primarily in the balance sheet.

metrics-generated

$5409.00

financebench_id_00685

Are Best Buy's gross margins historically consistent (not fluctuating more than roughly 2% each year)? If gross margins are not a relevant metric for a company like this, then please state that and explain why.

domain-relevant

Yes, the margins have been consistent, there has been a minor decline of 1.1% in gross margins between FY2022 and FY2023.

financebench_id_01077

What are major acquisitions that Best Buy has done in FY2023, FY2022 and FY2021?

domain-relevant

Best Buy closed two acquisitions, both these companies were already partially owned by Best Buy, but Best Buy acquired all outstanding shares of these two companies during FY 2022: (1) Current Health Ltd and (2) Two Peaks, LLC d/b/a Yardbird Furniture

financebench_id_01275

Among operations, investing, and financing activities, which brought in the most (or lost the least) cash flow for Best Buy in FY2023?

domain-relevant

Best Buy generated the most cash flow from operating activities in FY 2023 ($1.8 bn)

financebench_id_00288

Was there any drop in Cash & Cash equivalents between FY 2023 and Q2 of FY2024?

novel-generated

Yes, there was a decline of ~42% between FY2023 and Q2 of FY 2024.

financebench_id_00460

Was there any change in the number of Best Buy stores between Q2 of FY2024 and FY2023?

novel-generated

Yes, there is decline in number stores by 1.32% from 982 stores in Q2 FY 2023 to 969 by the end of Q2 FY2024.

financebench_id_01902

Which Best Buy product category performed the best (by top line) in the domestic (USA) Market during Q2 of FY2024?

novel-generated

The entertainment segment experienced the highest growth of 9% during Q2 FY2024, primarily from gaming division.

financebench_id_04660

Considering the data in the balance sheet, what is Block's (formerly known as Square) FY2016 working capital ratio? Define working capital ratio as total current assets divided by total current liabilities. Round your answer to two decimal places.

metrics-generated

1.73

financebench_id_03838

What is the FY2019 - FY2020 total revenue growth rate for Block (formerly known as Square)? Answer in units of percents and round to one decimal place. Approach the question asked by assuming the standpoint of an investment banking analyst who only has access to the statement of income.

metrics-generated

101.5%

financebench_id_07661

Using the cash flow statement, answer the following question to the best of your abilities: how much did Block (formerly known as Square) generate in cash flow from operating activities in FY2020? Answer in USD millions.

metrics-generated

$382.00

financebench_id_10285

We need to calculate a financial metric by using information only provided within the balance sheet. Please answer the following question: what is Boeing's year end FY2018 net property, plant, and equipment (in USD millions)?

metrics-generated

$12645.00

financebench_id_00517

Are there any product categories / service categories that represent more than 20% of Boeing's revenue for FY2022?

domain-relevant

Yes. Boeing has product and service categories that represent more than 20% of Boeing's revenue for FY2022. These categories are Commercial Airplanes which comprises 39% of total revenue, Defence which comprises 35% of total revenue and Services which comprises 26% of total revenue.

financebench_id_01091

Has Boeing reported any materially important ongoing legal battles from FY2022?

domain-relevant

Yes. Multiple lawsuits have been filed against Boeing resulting from a 2018 Lion Air crash and a 2019 Ethiopian Airlines crash.

financebench_id_00678

Does Boeing have an improving gross margin profile as of FY2022? If gross margin is not a useful metric for a company like this, then state that and explain why.

domain-relevant

Yes. Boeing has an improving gross margin profile as of FY2022. Gross profit improved from $3,017 million in FY2021 to $3,502 million in FY2022. Gross margin % improved from 4.8% in FY2021 to 5.3% in FY2022.

financebench_id_01290

Who are the primary customers of Boeing as of FY2022?

domain-relevant

Boeing's primary customers as of FY2022 are a limited number of commercial airlines and the US government. The US government accounted for 40% of Boeing's total revenues in FY2022.

financebench_id_00464

Is Boeing's business subject to cyclicality?

novel-generated

Yes, Boeing's business is subject to cyclicality due to its exposure to the airline industry which is a cyclical industry.

financebench_id_00494

What production rate changes is Boeing forecasting for FY2023?

novel-generated

Boeing forecasts an increase in the production rates for the 737, 777X and 787 aircrafts in 2023.

financebench_id_00585

How does Boeing's effective tax rate in FY2022 compare to FY2021?

novel-generated

Effective tax rate in FY2022 was 0.62%, compared to -14.76% in FY2021.

financebench_id_03473

What is the FY2017 return on assets (ROA) for Coca Cola? ROA is defined as: FY2017 net income / (average total assets between FY2016 and FY2017). Round your answer to two decimal places. Give a response to the question by relying on the details shown in the balance sheet and the P&L statement.

metrics-generated

0.01

financebench_id_09724

What is Coca Cola's FY2021 COGS % margin? Calculate what was asked by utilizing the line items clearly shown in the income statement.

metrics-generated

39.7%

financebench_id_06272

What is Coca Cola's FY2022 dividend payout ratio (using total cash dividends paid and net income attributable to shareholders)? Round answer to two decimal places. Answer the question asked by assuming you only have access to information clearly displayed in the cash flow statement and the income statement.

metrics-generated

0.8

financebench_id_10130

Based on the information provided primarily in the balance sheet and the statement of income, what is FY2020 days payable outstanding (DPO) for Corning? DPO is defined as: 365 * (average accounts payable between FY2019 and FY2020) / (FY2020 COGS + change in inventory between FY2019 and FY2020). Round your answer to two decimal places.

metrics-generated

63.86

financebench_id_02981

Taking into account the information outlined in the income statement, what is the FY2019 - FY2021 3 year average unadjusted operating income % margin for Corning? Answer in units of percents and round to one decimal place.

metrics-generated

10.3%

financebench_id_01346

How much has the effective tax rate of Corning changed between FY2021 and FY2022?

domain-relevant

The effective tax rate of Corning has changed from 20% in FY2021 to 23% in FY 2022.

financebench_id_00005

Does Corning have positive working capital based on FY2022 data? If working capital is not a useful or relevant metric for this company, then please state that and explain why.

domain-relevant

Yes. Corning had a positive working capital amount of $831 million by FY 2022 close. This answer considers only operating current assets and current liabilities that were clearly shown in the balance sheet.

financebench_id_04209

Using only the information within the balance sheet, how much total assets did Costco have at the end of FY2021? Answer in USD millions.

metrics-generated

$59268.00

financebench_id_05915

What is the FY2018 fixed asset turnover ratio for CVS Health? Fixed asset turnover ratio is defined as: FY2018 revenue / (average PP&E between FY2017 and FY2018). Round your answer to two decimal places. Calculate what was asked by utilizing the line items clearly shown in the P&L statement and the balance sheet.

metrics-generated

17.98

financebench_id_00790

Is CVS Health a capital-intensive business based on FY2022 data?

domain-relevant

Yes, CVS Health requires an extensive asset base to operate, which is evident from its ROA of only 1.82% in 2022 and 3.39% in 2021, though it should be noted that a significant portion of this asset base is goodwill, and CVS's fixed assets/total assets ratio is on the lower side of 5.6%.

financebench_id_01107

Has CVS Health reported any materially important ongoing legal battles from 2022, 2021 and 2020?

domain-relevant

Yes, CVS Health has been involved in multiple ongoing legal battles. Some notable legal dispute areas for CVS are: (1) usual and customary pricing litigation: where it's claimed that CVSâs retail pharmacies overcharged for prescription drugs; (2) PBM litigation and investigations: where it's claimed that that rebate agreements between the drug manufacturers and PBMs caused inflated prices for certain drug products; and (3) controlled substances litigation: legal matters around opioids for which CVS has agreed to pay up to $4.3 billion to claimants in remediation and $625 million to attorneys and fees

financebench_id_01244

Has CVS Health paid dividends to common shareholders in Q2 of FY2022?

domain-relevant

Yes, CVS paid a $ 0.55 dividend per share every quarter in FY2022

financebench_id_00839

Does Foot Locker's new CEO have previous CEO experience in a similar company to Footlocker?

novel-generated

Yes. She was previous CEO of Ulta Beauty which means she had to manage a large retail company that has brick and mortar + online business. So yes she was a CEO in a similar company to Foot Locker before this.

financebench_id_00822

Were there any board member nominees who had substantially more votes against joining than the other nominees?

novel-generated

Yes, his name is Richard A. Johnson

financebench_id_04103

What is the FY2019 cash conversion cycle (CCC) for General Mills? CCC is defined as: DIO + DSO - DPO. DIO is defined as: 365 * (average inventory between FY2018 and FY2019) / (FY2019 COGS). DSO is defined as: 365 * (average accounts receivable between FY2018 and FY2019) / (FY2019 Revenue). DPO is defined as: 365 * (average accounts payable between FY2018 and FY2019) / (FY2019 COGS + change in inventory between FY2018 and FY2019). Round your answer to two decimal places. Address the question by using the line items and information shown within the income statement and the balance sheet.

metrics-generated

-3.7

financebench_id_03471

By drawing conclusions from the information stated only in the statement of financial position, what is General Mills's FY2020 working capital ratio? Define working capital ratio as total current assets divided by total current liabilities. Round your answer to two decimal places.

metrics-generated

0.68

financebench_id_04854

According to the information provided in the statement of cash flows, what is the FY2020 free cash flow (FCF) for General Mills? FCF here is defined as: (cash from operations - capex). Answer in USD millions.

metrics-generated

$3215.00

financebench_id_10136

We want to calculate a financial metric. Please help us compute it by basing your answers off of the cash flow statement and the income statement. Here's the question: what is the FY2022 retention ratio (using total cash dividends paid and net income attributable to shareholders) for General Mills? Round answer to two decimal places.

metrics-generated

0.54

financebench_id_00956

Are JnJ's FY2022 financials that of a high growth company?

domain-relevant

No, JnJ's FY2022 financials are not of a high growth company as sales grew by 1.3% in FY2022.

financebench_id_00669

What drove gross margin change as of FY2022 for JnJ? If gross margin is not a useful metric for a company like this, then please state that and explain why.

domain-relevant

For FY22, JnJ had changes in gross margin due to: One-time COVID-19 vaccine manufacturing exit related costs, Currency impacts in the Pharmaceutical segment, Commodity inflation in the MedTech and Consumer Health segments, partially offset by Supply chain benefits in the Consumer Health segment.

financebench_id_00711

Roughly how many times has JnJ sold its inventory in FY2022? Calculate inventory turnover ratio for FY2022; if conventional inventory management is not meaningful for the company then state that and explain why.

domain-relevant

JnJ sold its inventory 2.7 times in FY2022.

financebench_id_00651

Is growth in JnJ's adjusted EPS expected to accelerate in FY2023?

novel-generated

No, rate of growth in adjusted EPS is expected to decelerate slightly from 3.6% in FY2022 to 3.5% in FY2023.

financebench_id_01484

How did JnJ's US sales growth compare to international sales growth in FY2022?

novel-generated

US sales increased 3.0% vs international sales decline of 0.6%.

financebench_id_01488

Which business segment of JnJ will be treated as a discontinued operation from August 30, 2023 onward?

novel-generated

The Consumer Health business segment will be treated as a discontinued operation from August 30, 2023 onward.

financebench_id_01490

What is the amount of the gain accruing to JnJ as a result of the separation of its Consumer Health business segment, as of August 30, 2023?

novel-generated

JnJ will make a gain of approximately $20 billion from the separation of its Consumer Health business segment.

financebench_id_01491

What is the amount of the cash proceeds that JnJ realised from the separation of Kenvue (formerly Consumer Health business segment), as of August 30, 2023?

novel-generated

JnJ realised $13.2 billion in cash proceeds from the separation of Kenvue.

financebench_id_01487

Did JnJ's net earnings as a percent of sales increase in Q2 of FY2023 compared to Q2 of FY2022?

novel-generated

Yes, net earnings as a percent of sales increased from 20% in Q2 of FY2022 to 20.1% in Q2 of FY2023.

financebench_id_00299

Which of JPM's business segments had the lowest net revenue in 2021 Q1?

novel-generated

Corporate. Its net revenue was -$473 million.

financebench_id_02119

If JPM went bankrupted by the end by 2021 Q1 and liquidated all of its assets to pay its shareholders, how much could each shareholder get?

novel-generated

They could receive $66.56 per share.

financebench_id_00206

Are JPM's gross margins historically consistent (not fluctuating more than roughly 2% each year)? If gross margins are not a relevant metric for a company like this, then please state that and explain why.

domain-relevant

Since JPM is a financial institution, gross margin is not a relevant metric.

financebench_id_00394

In 2022 Q2, which of JPM's business segments had the highest net income?

novel-generated

Corporate & Investment Bank. Its net income was $3725 million.

financebench_id_02049

Looking at VaR, did the risk that JPM faced in the second fiscal quarter of 2023 decrease compared to the same period in the prior year?

novel-generated

Yes. It decreased.

financebench_id_10499

What is Kraft Heinz's FY2019 inventory turnover ratio? Inventory turnover ratio is defined as: (FY2019 COGS) / (average inventory between FY2018 and FY2019). Round your answer to two decimal places. Please base your judgments on the information provided primarily in the balance sheet and the P&L statement.

metrics-generated

6.25