Domy WOT Exercise 24-11 Net present value, profitability index LO P3 Following is information on two alternative investments being considered by Tiger Co. The company requires a 4% return from its investments. (PV of $1. EV of $1. PVA of S1, and FVA of S1) (Use appropriate factor(s) from the tables provided) Project XI Project x2 Initial investment $180,000) $(120,000) Expected set cash flow in year 25,000 60,000 35,500 50,000 60,500 40.000 a. Compute each project's not present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose? Complete this question by entering your answers in the tabs below. Required Required a Compute each project's net present value Net Cash Flows Present Value Present Value of of 1 at 4% Net Cash Flows Project 1 Year 1 Required A Required B Compute each project's profitability Index. If the company can choose only one project, which should it choose? Profitability Index Choose Numerator: Choose Denominator - Profitability Index Profitability index Project X1 0 Project X2 0 the company can choose only one project, which should it choose?