Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from Vts investments (PV of $1. FV of $1. PVA of $1. and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A Projecte Initial investment $(184,325) $(145,960) Expected net cash flows in: Year 1 38,000 36,000 Year 2 42,000 61,600 Vear 3 75,295 55.ee Year 4 82,400 80.000 Years 65,000 29, eee 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 $ 184,325 Chart Values are Based on: % Year Cash Inflow PV Factor Present Value 1 II 2. 3 4 Initial Investment Year Cash Inflow Project B S 145,960 PV Factor Present Value 1 2 3 4 5 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 1 Choose Denominator: Choose Numerator: Profitability Index Profitability index Project Projecte If the company can only select one project which should it choose