Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% 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 4 Year 5 Project A $(190,325) Project B $(150,960) 51,000 43,000 55,000 56,000 78,295 67,000 84,400 85,000 68,000 31,000 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. Required A Required B For each alternative project compute the net present value. Initial Investment Chart Values are Based on: Project A 190,325 % Year Cash Inflow x PV Factor Present Value 1 2 3 For each alternative project compute the net present value. Initial Investment Project A $ 190,325 Chart Values are Based on: % Year Cash Inflow X PV Factor Present Value 1 2 3 4 5 Initial Investment $ Project B 150,960 Year Cash Inflow X PV Factor 1 2 3 4 5 = = Present Value 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. 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 Numerator: Choose Denominator: Profitability Index Profitability index Project A Project B If the company can only select one project, which should it choose