Question: Using Nike 2021 10-K form , read the pension footnote to determine the following: - What is the funded status of the pension and other

Using Nike 2021 10-K form, read the pension footnote to determine the following:

- What is the funded status of the pension and other benefits plans and is the under/over funded obligation substantial?

- Are the plans substantial to the company?

- How much pension expense does each company report in its income statement and it is a substantial amount?

- Compare the cash paid into the plan assets to the amount paid to retirees - what is the difference and will the company be able to meet its obligations as they come due?

Please answer all Correctly with clear explanation needed .. Thank

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