Exercise 25-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments. (PV of $1. FV of S1. PVA of $1 and FVA of $1). (Use appropriate factor(s) from the tables provided.) Project Project Initial Investment $(178,325) ${140,960) Expected net cash flows in year 49,000 40,000 54,000 48.000 80,295 59,000 96.400 67,000 63,000 32,000 3 5 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 $ 178,325 Chart Values are based on: Cash Inflow PV Factor Present Value Year 1 2 3 4 5 Initial Investment Project B $ 140.960