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 $(181,325) Project B $(145,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 54,000 56,000 86,295 80,400 61,000 38,000 47,000 65,000 79,000 34,000 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 $ 181,325 Chart Values are Based on: i = % Year Cash Inflow X PV Factor = Present Value 1 2 3 4 5 Project B $ 145,960 Initial Investment Year Cash Inflow X PV Factor = Present Value 1 2 3 4 5 Required A Required B 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 Numerator: Choose Denominator: Profitability Index Profitability index / Project A Project B If company can only select one project, which should it choose?