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 EVA of $1 (Use appropriate factor(s) from the tables provided.) Project A $(160,000) Project B S(105, 000) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 40,000 56,000 80,295 90,400 65,000 32,000 50,000 66,000 72,000 24,000 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. Present Value Project A Initial Investment $ 160,000 Chart Values are Based on: 10 % Year Cash Inflow X PV Factor 1 40,000 X 0.9090 56,000 80,295 x 4 90,400 65,000 X 2 w 5 Initial Investment Year Cash Inflow X Project B 105,000 PV Factor Present Value 3 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: - Profitability Index Choose Numerator: Profitability index 0 Project Project B If the company can only select one project, which should choose?