Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% 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 B $(144,968) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(189,325) 48,000 51,000 87,295 82,400 70,000 34,000 46,000 64,000 75,000 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. Project A Initial Investment $ 189,325 Chart Values are based on % Year Cash Inflow X PV Factor Present Value 1 2 3 4 5 i = % Year Cash Inflow X PV Factor Present Value 1 2 II 3 4 5 Project B $ Initial Investment 144,960 Year Cash Inflow x PV Factor = Present Value = 1 HI 2 3 4 11 5 Required B > Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% 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 Project Initial investment $(189,325) $(144,960) Expected net cash flows in Year 1 48,000 34,000 Year 2 51,000 46,000 Year 3 87, 295 64,000 Year 4 82,400 75,000 Year 5 70,000 29, cee 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 profitability index. If the company can only select one project, which should it choose? Profitability Index Profitability index Profitability Index Choose Numerator Choose Denominator 1 Project A Project B of the company can only select one project, which should it choose?