Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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 $ (155,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 49,000 54,000 81,295 95,400 67,000 27,000 59,000 52,000 81,000 24,000 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? Required A Required B . ............. For each alternative project compute the net present value. Project A Initial Investment $ 186,325 Chart Values are Based on: i = % Year Cash Inflow X PV Factor = Present Value | | Initial Investment Year Cash Inflow Project B $ 155,960 X PV Factor Present Value 1. For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Profitability Index I Choose Denominator: Choose Numerator: = Profitability Index Profitability index Project A Project B If the company can only select one project, which should it choose?