8 7 Following is information on two alternative investments. Beachside Resort is considering building a new pool or spa. The company requires a 10% return from its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) points Initial investment Pool $ (170,325) Spa $ (150,960) Skipped Net cash flows in: Year 1 46,000 39,000 Year 2 55,000 50,000 Year 3 82,295 58,000 Year 4 92,400 65,000 Year 5 62,000 22,000 eBook Hint Print a. For each investment project compute the net present value. b. For each investment project compute the profitability index. c. If the company can only select one project, which should it choose on the basis of profitability index? Complete this question by entering your answers in the tabs below. Req A Req B and C References For each investment project compute the net present value. Pool Year 1 Year 2 Year 3 Totals Year 4 Year 5 Net Cash Flows Present X Value 69 $ 0 II = = Present Value of Net Cash Flows Check my work