Compute each project's net present value.

Note: Round your answers to the nearest whole dollar.

$\backslash$table$[[,\backslash$table$[[$Net Cash$],[$Flows$]],\backslash$table$[[$Present Value of$],[1$ at $15\%]],\backslash$table$[[$Present Value of$],[$Net Cash Flows$]]],[$Project X$1],[$Year $1],[$Year $2],[$Year $3],[$Totals$,$$$,,$$$],[$Initial investment$],[$Net present value,,,$$],[$Project X$2],[$Year $1],[$Year $2],[$Year $3],[$Totals$,$$$,,$$$],[$Initial investment$],[$Net present value,,,$$]]$ oute each project's profitability index. If the company can choose only one project, which should it choose on the

ability index?Following is information on two alternative investments projects being considered by Tiger Company. The company requires a $15\%$ return from its investments. $($PV of $$1,$ FV of $$1,$ PVA of $$1,$ and FVA of $$1)$

Note: Use appropriate factor$($s$)$ from the tables provided.

Project X$1$ Project X$2$

Initial investment $ $(114,000)$ $ $(171,000)$

Net cash flows in:

Year $142,00085,500$

Year $252,50075,500$

Year $377,50065,500$

Compute each project$$s net present value.

Compute each project$$s profitability index. If the company can choose only one project, which should it choose on the basis of profitability index?