Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% 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 $ (186,325) Project B $ (151,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 50,000 53,000 83,295 80,400 71,000 27,000 60,000 64,000 68,000 30,000 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? For each alternative project compute the net present value. Project A Initial Investment $ 186,325 Chart Values are Based on: % Year Cash Inflow X PV Factor 1 2 = Present Value 5 Initial Investment Year Cash Inflow Project B | $ 151,960 X PV Factor = Present Value 1 2. 3 4 5 Initial Investment Project B $ 151,960 X PV Factor Cash Inflow = Present Value Year 1 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? H1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111 Profitability Index 1 Choose Denominator: Choose Numerator: = Profitability Index Profitability index Project A Project B If the company can only select one project, which should it choose?