Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% 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 $(185,325) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 55,000 41,000 90,295 90,400 67,000 Project B $(153,960) 34,000 43,000 52,000 69,000 21,000 o. 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? For each alternative project compute the net present value. Project A Initial Investment $ 185,325 Chart Values are Based on: i= % Year Cash Inflow PV Factor = Present Value 1 Il 2 2. 3 IIIIIII 4 ch 5 Project B 153,960 PV Factor X Present Value Initial Investment Year Cash Inflow 1 2 1111 3 III 4 = 5 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 0 0 Project A Project B If the company can only select one project, which should It choose?