If you could include a brief description as to how you got the answer that would be great.

Case 8 The Alpha Case ARETIREMENT PLANNING MINI-CASE Alpha Corporation is considering its alternatives in relation to establishing a retirement plan for its employees. Please help the CFoofAlpha Corporation answer the following questions: Case Questions 1. Alpha Corporation has 100 full-time nonunion employees. What is the minimum number of employees that must be allowed to participate in the company's defined benefit plan? a. 40 b. 50 c. 75 d. 100 2. The CFO would like to implement a 401(k)/profit sharing plan. If 75% of the firm's employees stay with the company for only two years (i.e., the firm has high turnover), and the remainder stay for an average of at least 10 years, which vesting schedule should the CFO choose if she wants to minimize plan administration costs? a. 2-6 year graduated c. 3-7 year graduated d. 5-year cliff 801