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 $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) 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?

Project A $(189,325) Project B $(160,960) Initial investment Expected net cash flows in year: 42,000 44,000 85,295 85,400 56,000 37,000 58,000 53,000 73,000 3 4 5 33,000 LO 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 189,325 Chart Values are Based on: Year Cash Inflow PV Factor Present Value X 1 2 3 4 5 = I I LC Project B Initial Investment $ 160,960 Year Cash Inflow PV Factor Present Value X 1 2 3 4 IL LC 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, which should it choose? Profitability Index Choose Denominator: Choose Numerator: Profitability Index Profitability index Project A Project B If the company can only select one project, which should it choose