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 $(176,325) Project B S(153,968) Initial investment Expected net cash flows in year: 47.000 44,000 82,295 87,400 74,000 28,000 58.000 66.899 70,000 33,000 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 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 Project A Project Bi if the company can only select one project, which should it choose?