Following is information on two alternative investment projects being considered by Tiger Company. The company requires an 8% return from its investments. (PV of $1. EV of S1. PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Project XI $ (88,000) Net cash flows in: Project X2 $ (136,000) Year 1 29,000 66,000 39,500 56,000 64,500 46,000 Year 2 Year 31 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 Required B Required C Compute each project's net present value. (Round your final answers to the nearest dollar) Not Cash Flows Present Value of 1 at 8% Present Value of Net Cash Flows Project X1 Year 1 S 29,000 0.9259 Year 2 39.500 0.8573 Year 3 64,500 0.7980 Totals $ 133,000 Initial investment Net present value $ 0 Project X2 Year 1 $ 66,000 0.9259 Year 2 56,000 08573 Year 3 46,000 0.7900 Totals S 160.000 S 0 Initial investment Net present value S Following is information on two alternative investment projects being considered by Tiger Company. The company requires an 8% return from its investments. (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Initial investment Project X1 $ (88,000) Project X2 $ (136,000) Net cash flows in: Year 1 29,000 66,000 Year 2 39,500 56,000 Year 3 64,500 46,000 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 Required B Required C Compute each project's profitability index. Project X1 Project X2 Profitability Index Numerator: 1 Denominator: Profitability Index Profitability index 0 0 Following is information on two alternative investment projects being considered by Tiger Company. The company requires an 8% return from its investments. (PV of $1. EV of $1. PVA of $1. and EVA of S1) (Use appropriate factor(s) from the tables provided.) Initial investment Project X1 $ (88,000) Project X2 $ (136,000) Net cash flows in: Year 1 29,000 66,000 Year 2 39,500 56,000 Year 3 64,500 46,000 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 Required B Required C If the company can choose only one project, which should it choose on the basis of profitability index? If the company can choose only one project, which should it choose on the basis of profitability index