Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its investments. (PV of $1. EV of $1. PVA of $1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 41 Year 5 Project A $(178,325) Project B $(140,960) 42,000 45,000 46,000 58,000 80,295 61,000 82,400 83,000 58,000 29,000 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 answere in the tahr hetour For each alternative project compute the net present value. Initial Investment Project A $ 178,325 Chart Values are Based on: i= % Year Cash Inflow X PV Factor 1 2 3 4 5 "I = = Present Value Project B II = Initial Investment $ 140,960 Year Cash Inflow X PV Factor 1 2 3 4 5 = = = = Present Value For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Profitability Index Choose Numerator: Choose Denominator: Profitability Index = Profitability index Project A Project B If the company can only select one project, which should it choose? 0 0