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 approprlate factor(s) from the tables provlded.) Project a s (189,325) Project B S (151, 960 Initial investment Expected net cash flows in year: 8,000 42,000 49,00 48,00 72,295 63, 000 84, 400 78,000 73,000 23,000 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 v Project A Initial Investment 189,325 Chart Values are Based on: 896 Year Cash Inflow x PV Factor | | Present Value Present value of cash inflows Present value of cash outflows Net present value Project EB Initial Investment 151,980 Cash Inflow | x | PV Factor |= | Present Value Present value of cash inflows Present value of cash outflows Net present value 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 Choose Numerator: - Profitability Index Denominator: -Profitability index Project Project If the company can only select one project, which should it choose