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Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments. (FV of $1, PW

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments. (FV of $1, PW of $1, FVA of $1 and PVA of $1). (Use appropriate factor(s) from the tables provided.) Project A Project B Initial investment $(184,325) $(153,960) Expected net cash flows in year: 43,000 29.000 49,000 58,000 60,000 91,295 81,400 72,000 63,000 34,000

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