Ch Exercise 24-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. 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.) Project Project 1 Initial investment ${160,000) $(105,000) Expected not cash flow in years 40,000 32,000 56.000 50,000 80,295 66,000 90,400 72,000 65,000 24,000 1 2 a. For each alternative project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Required Required B For each alternative project compute the net present value. Project Initial investment $ 160,000 Chart Values are based on PV Factor Present Value Year Cash Inflow X 1 2 3 4 5 Project B Initial Investment $ 105,000 Year Cash Inflow X PV Factor Present Value 1 2 3 4 5 Required B > Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the profitability Index. If the company can only select one project, which should it choose? Profitability Index Choose Numerator: Choose Denominator - Profitability Index Profitability Index Project A 0 Project B 0 the company can only select one project, which should it choose?