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 FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $(178,325) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 54,000 48,000 90, 295 95,400 62,000 Project $(155,960) 26,000 45,000 65,000 92,000 28,000 o. For each alternative project compute the nel 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. 1 Quiz 0 Saved For each alternative project compute the net present value. Project A Initial Investment $ 178325 Chart Values are Based on: % Year Cash Inflow PV Factor Present Value 11 40 2 3 4 5 Project B $ 155,960 Initial Investment Initial Investment Project B $ 155,960 PV Factor Year Cash Inflow Present Value 1 IL N 3 - 5 -