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 $(174,325) Project B $(150,960) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 45,000 57,000 87,295 89,400 69,000 36,000 51,800 60,000 74,000 37,800 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 $ 174,325 Chart Values are Based on: 1 = % Year Cash Inflow X PV Factor = Present Value 1 2 3 4 % Year Cash Inflow X PV Factor = Present Value 1 5 Initial Investment Project B $ 150,960 Cash Inflow x PV Factor - Year Present Value 1 2 3 4 M. 5 Required Required B > mework Saved Year 4 Year 5 89,400 69,000 74,000 37,000 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 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 1 Choose Denominator: Choose Numerator: = Profitability Index Profitability index 0 Project A Project B of the company can only select one project, which should it choose? 0 (Required A Required