Following is information on two alternative investments being considered by Tiger Co. The company requires a 4% return frorn its investments. (PVofSL FVorsL PVAof$1, and FVAofSD (Use appropriate factor(s) from the tables provided.) Project Xi Project X2 s (80, 000) (120,000) Initial investment Expected net cash flows in year: 25, 000 35, 500 60,500 60,000 50,000 40,000 a. Compute each project's net present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose? Net Cash Present Value of Present Value of Net Flows baiolat4% . CashFlows Project X Year 1 Year 2 Year 3 Totals Amount invested Net present value Project X2 Year 1 Year 2 Year 3 Totals Amount invested Net present value Compute each project's profitability index. If the company can choose only one project, which should it choose? Profitability Index Choose Numerator Present value of net cash flows /Initial investment Profitability index /Choose Denominator:Profitability Index Project XI Project X2 If the company can choose only one project, which should it choose? b