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Analyzing Retirement Benefits Ford Motor Company (Ford), (the Company), is a global automotive and mobility company. Below is an excerpt from a recent Form 10-K.
Analyzing Retirement Benefits Ford Motor Company (Ford), (the Company), is a global automotive and mobility company. Below is an excerpt from a recent Form 10-K. NOTE 12. RETIREMENT BENEFITS The year-end status of these plans was as follows (in millions): a. What is the funded status of the plan in the current year? -Note: Do not use a negative sign with your answers. $million. b. Estimate the discount rate. -Note: Do not use a negative sign with your answers. c. Determine as many components of current year pension expense as possible from the information. -Note: Do not use a negative sign with your answers. - Note: If a component cannot be determined, leave the answer blank (zero)
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