Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% 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 $(176,325) Project B $(152,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 39,000 54,000 77,295 94,400 64,000 43,000 42,000 58,000 78,000 28,000 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 $ 176,325 Chart Values are Based on: % Year Cash Inflow PV Factor Present Value 1 2 3 4 5 Initial Investment Project B $ 152,960 X PV Factor Year Cash Inflow = Present Value 1 2 3 4 = 5 Required Required B > Project A $(176,325) Project B $(152,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 39,000 54,000 77,295 94,400 64,000 43,000 42,000 58,000 78,000 28,000 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 profitability index. If the company can only select one project, which should it choose? Profitability Index Choose Denominator: Choose Numerator: 1 Profitability Index Profitability index 0 Project A Project B If the company can only select one project, which should it choose? 0