Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its Investments (P of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided.) $(176,325) Project 6 (157,960) Expected net cash flows in year 28.00 64, 36,000 57,000 91,295 81,400 55, 30,00 6. 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 choose? Complete this question by entering your answers For each alternative project compute the Project A 175 326 Chart Values are Based on Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not in Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its investments. (PV of $1. EV of $1. PVA of $1, and EVA of 5) (Use appropriate factor(s) from the tables provided.) Initial investment Expected net cash flows in year Project A $(176,325) Project $(157,960) 36,000 23,000 44,000 55,000 57.000 91,295 1.400 08, Bee 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? Answer is not complete 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 Profitability Profitability Index Choose Numerator: Choose Denominator Present value of net cash Initial investment Project 260,810 176.325 Project 177.716 157.960 If the company can only select one project which should it choose?