Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% 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 $189.325) Project $ 144,960) Initial investment Expected net cash flows in year: 55,000 57.000 88,295 91.00 66,000 33.000 47,000 59,000 83.000 33,000 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 Initial Investment $ Chart Values are Based on: 189,325 Year Cash Inflow X PV Factor = Present Value 1 / NU 1 11 7 Initial Investment Year 1 Project B $ 144,960 Cash Inflow x PV Factor = Present Value www N- 11 w - o wwwwwwwwwwwwwwwwwww TT 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 B If the company can only select one project, which should it choose? ( Required A