Task: For Gap, Inc., examine and analyze the company's financial statements and pension and other postretirement benefit plans footnote. Based on your analysis, create a report, that includes answer to the following questions:
Problem 1 - What is the difference between pension and postretirement benefits?
Problem 2 - What type of pension and other postretirement benefit plans the company offers to its employees?
Problem 3 - What are the reporting requirements for pension plans in the financial statements?
Problem 4 - What is the funded or unfunded status of pension benefits and other retiree benefits for the most recent fiscal year?
Problem 5 - What are the assumptions made to calculate pension benefits and other retiree benefits?
Problem 6 - If the company has assets in Level 1, Level 2, and Level 3 categories, in which category are the majority of assets concentrated?
Support your responses with appropriate reasoning and examples.
Cite any sources using APA format.