Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 4% return from its investments PV of $1. FV of $1. PVA of $1 and FVA of S1) (Use appropriate factor(s) from the tables provided.) Project XI Initial investment Project x2 5 (80,eee) $ 120,000) Net cash flows in: Year 1 25,000 60,000 Year 2 35,500 se, eee Year 3 68,500 40, see 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? Book int onces Net Cash Flows Present Value of Present Value of Net 1 at 4% Cash Flows Project X1 Year 1 Year 2 Year 3 Totals Initial investment Net present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value Prey 7 of 11 Hi Next > buer Check my worlu Required A Required B Required Compute each project's profitability index. Profitability Index Denominator: Numerator: Profitability Index Profitability Index Project X1 Project X2 -ces Required A Required