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 11 Year 21 Year 3 Year 4. Year 5 $(176,325) $(154,960) 41,000 43,000 50,000 58,000 78,295 66,000 93,400 68,000 68,000 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 answers in the tabs below. Required A Required B For each alternative project compute the net present value. Initial Investment i Chart Values are Based on: Project A $ 176,325 % Year Cash Inflow x PV Factor Present Value 1 2 3 Prev 9 of 9 www Next