Exercise $24-10($Algo$)$ Net present value, unequal cash flows, and profitability index LO P$3$

Following is information on two alternative investment projects being considered by Tiger Company. The company requires a $7\%$

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.$)$

a$.$ Compute each project's net present value.

b$.$ Compute each project's profitability index.

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

Complete this question by entering your answers in the tabs below.

Required A

Compute each project's profitability index.