Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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 $ (152,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 40,000 51,000 83,295 83,400 64,000 26,000 55,000 56,000 68,000 35,000 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 Required ALB For each alternative project compute the net present value. Project A Initial Investment $ 189,325 Chart Values are Based on: % Year Cash Inflow PV Factor Present Value Project B Initial Investment $ 152,960 Cash PV - Present Year Inflow Factor Value Exercise 11-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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 $ (152,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 40,000 51,000 83,295 83,400 64,000 26,000 55,000 56,000 68,000 35,000 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 Required A B For each alternative project compute the profitability index. If the company can only select one project, which should it choose? Profitability Index Choose Choose Numerator: Denominator: Profitability Index Profitability index Project Project If the company can only select one project, which should it choose?