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 A $(190, 325) Project B $(159,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 46,000 46,000 75,295 82,400 67,000 33,000 44,000 62,000 77,000 39,000 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? For each alternative project compute the net present value. Project A Initial Investment $ 190,325 Chart Values are Based on: Cash Inflow X PV Factor = Present Value Year 1 1 11 ! Initial Investment Year Cash Inflow Project B $ 159,960 X PV Factor = Present Value 111111 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 Choose Denominator: - Choose Numerator: Profitability Index Profitability index Project A Project | If the company can only select one project, which should it choose?