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 S1) (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 $(174,325) Project B $(159,960) 39,000 38,000 56,000 $2,000 90,295 64,000 86,400 80,000 71,000 37,000 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. Project A Required A Required B For each alternative project compute the net present value. Initial Investment Project A $ 174,325 Chart Values are Based on: % Year Cash Inflow X PV Factor Present Value 1 2 3 4 5 = Project B 159.960 Present Value Initial Investment $ Year Cash Inflow x PV Factor 1 2 3 4 5 == = = 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?