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 Project B Initial investment $(188,325) $(152,960) Expected net cash flows in year: 49,000 40,000 52,000 44,000 3 75,295 52,000 4 94,400 80,000 59,000 34,000 1 2 RAWNE a. For each alternative project compute the net present value. b. Foreach 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. FRONHO 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 choose? TI Profitability Index Choose Numerator: / Choose Denominator: 1 Project A Project B If the company can only select one project, which should it choose? Profitability Index Profitability index 11