Exercise 11-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from its investments. (FV of $1, PV of $1. EVA of $1 and PVA of$1). (Use appropriate factor(s) from the tables provided.) Project A Project B $(181,325) $(158,960) Initial investment Expected net cash flows in year. 45,000 49,000 81,295 95,400 67,000 31,000 48,000 60,000 72,000 22,000 3 4