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 S1, and EVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $(183,325) Projects $(157,960) Initial investment Expected net cash flows Int Year 1 Year 2 Year 3 Year 4 Year 5 47,000 41, 90, 295 83,400 69,00 42,000 57.000 53, 84,000 244.000 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 not present value Project 5 183 325 Initial Investment Chart Values are Based on: i = % Year Cash Inflow 1 PV Factor Present Value 11 1 2. 2 1111 3 4 5 II II Initial Investment Year Cash Inflow Project B $ 157,960 PV Factor Present Value 1 2 3 3 Initial Investment Project B $ 157,960 PV Factor Year Cash Inflow Present Value 1 2 JE 3 = 4 = 5 = Profitability Index Profitability index Profitability Index Choose Numerator: Choose Denominator: 1 Project A Project B If the company can only select one project, which should it choose? 0