Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% 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.) Project A $ (172,325) Project B $ (149,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 44,000 55,000 84,295 83,400 57,000 30,000 49,000 50,000 65,000 20,000 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? Required A Required B For each alternative project compute the net present value. Project A Initial Investment $ 172,325 Chart Values are Based on: i = % Year Cash Inflow PV Factor Present Value 1 2 3 4 5 Project B $ 149,960 Initial Investment Year Cash Inflow PV Factor Present Value 1 = 2 3 4 = 5 = 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 profitability index. If the company can only select one project, which should it choose? Profitability Index 1 Choose Denominator: Choose Numerator: = Profitability Index Profitability index / II 0 Project A Project B If the company can only select one project, which should it choose? 0