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 6% return from its investments. (PV of $1. FV of $1. PVA of $1. and EVA of $1 (Use appropriate factor(s) from the tables provided.) Project ${177,325) Project B $(142,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 49,000 57.000 86.295 82.400 61,000 40.000 49.000 49,000 60.000 66.000 32,000 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 prese Project A Initial Investment $ 177,325 Chart Values are Based on: Year Cash Inflow X PV Factor - Present Value Prev Year Cash Inflow X PV Factor - points Skipped eBook Hint Initial Investment Year Project B $ 142,960 Cash Inflow X PV Factor - Ask Present Value References Required B > U.TUI Call dilemauve project compute the net present value. b. For each alternative project compute the profitability index. If the company can only select one proj Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the profitability index. If the company can only select one project. w choose? Profitability Index Choose Denominator: = Choose Numerator: Profitability Index Profitability index Project A T M | Project B If the company can only select one project, which should it choose?