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 $ (189, 325) Project B $ (149,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 39,000 60,000 87,295 87,400 68,000 31,000 56,000 49,000 76,000 20,000 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? Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value. Project A Initial Investment $ 189,325 Chart Values are based on: Year Cash Inflow X PV Factor = Present Value For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Profitability Index I Choose Denominator: Choose Numerator: = Profitability Index Profitability index Project A Project B If the company can only select one project, which should it choose? Project B $ 149,960 PV Factor Initial Investment Year Cash Inflow X = Present Value