er 24: homework i Saved Following is information on two alternative investments being considered by Tiger Co. 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 X1 Project X2 Initial investment $ (82, 000) $ (121, 000) Expected net cash flows in: Year 1 26,000 61, 500 Year 2 36, 500 51, 500 Year : 61,500 41 , 500 took 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? rint Complete this question by entering your answers in the tabs below. rences 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 Present value of net cash flows Initial investment Profitability index Project X1 $ 32,000 0.00 Project X2 $ 121,000 = 0.00 If the company can choose only one project, which should it choose? Project X1