Using Under Armour, Inc (UAA) 2021 10-K form, read the pension footnote to determine the...
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Accounting
Using Under Armour, Inc (UAA) 2021 10-K form, read the pension footnote to determine the following:
a. What is the funded status of the pension and other benefits plans and is the under/over funded obligation substantial?
b. Are the plans substantial to UAA?
c. How much pension expense does UAA report in its income statement and it is a substantial amount?
d. Compare the cash paid into the plan assets to the amount paid to retirees - what is the difference and will UAA be able to meet its obligations as they come due?
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