Check my work 9 Following is information on two alternative investments being considered by Tiger Co. The company requires an 8% 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.) 2 points Initial investment Expected net caah flows in: Year 1 Year 2 Year 3 Project xl Project x2 $(120,000) $1216,000 49,000 56,000 59,500 86,000 84,500 76,000 cBook a. Compute each project's net present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose? Hint Complete this question by entering your answers in the tabs below. Print Required A Required B Compute each project's net present value. (Round your final answers to the nearest dollar.) Net Cash Flows Present Value Present Value of of 1 at 8% Net Cash Flows Project X1 Year 1 Year 2 Year 3 Total Amount invested Net present value Project X2 Year 1 Year 2 Year 3 Totals Amount invested Net present value Required A Required B Check my work 9 Following is information on two alternative investments being considered by Tiger Co. The company requires an 8% return from its investments. (PV of $1. FV of $1. PVA of $1, and FVA of $0) (Use appropriate factor(s) from the tables provided.) 2 points Project. x1 Project: X2 $(128,000) ${216,000 Initial investment Expected per cash flows in Vaar 1 Year 2 Year) 49,000 59,500 81,500 96,000 86,000 76,000 Bouk a. Compute each project's net present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose? Hint Complete this question by entering your answers in the tabs below. Print Required A Required E Compute each project's profitability index. If the company can choose only one project, which should it choose? = Profitability Index Profitability Index Profitability Index Choose Numerator 1 Choose Denominator: 1 Prajnet X1 Project X2 If the company can choose only one project, which should it choose?