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 $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A $(174,325) Project B $(158,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 35,000 45,000 79,295 83,400 70,000 26,000 52,000 57,000 75,000 38,000 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? Required A Required B For each alternative project compute the net present value. Project A $ 174,325 Initial Investment Chart Values are Based on: i = % Year Cash Inflow PV Factor = Present Value 1 = 2 = 3 = 4 = 5 = Project B $ 158,960 Initial Investment Year Cash Inflow PV Factor = Present Value 1 2 = 3 = 4 = 5 = 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 Choose Numerator: 1 Choose Denominator: = Profitability Index Profitability index = Project A Project B If the company can only select one project, which should it choose?