Exercise 24-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments (PV of $1. EV of $1. PVA of $1. and EVA of SD (Use appropriate foctor(s) from the tables provided.) Initial Investment Expected net cash flows in Project A $(188,325) Project B (152,950) 54.00 54,000 89,295 94,00 71,00 39,800 44,000 56,000 66,000 28,00 a. For each alternative project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value - Project A Initial Investment 5 1 08 325 Chart Values are based on Your Cash Intlow PyFactor - Present Value Required A Required B For each alternative project compute the profitability index. If the company can only select one project, which sh choose? Profitability Index Choose Numerator: Choose Denominator: - Profitability Index A = Profitability index Project A Project B If the company can only select one project, which should it choose? Required A Required B