I already wrote into Chegg once for this and this is the answer I was givin.

Following is information on two alternative investments projects being considered by Tiger Company. The company requires a 15% 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 x1 Project X2 Initial investment $ (114,000) $ (171,000) Net cash flows in: Year 1 42,000 85,500 Year 2 52,500 75,500 Year 3 77,500 65,500 a. Compute each project's net present value. b. Compute each project's profitability index. If the company can choose only one project, which should it choose on the basis of profitability index? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's net present value. (Round your answers to the nearest whole dollar.) Net Cash Flows Present Value of 1 at 15% Present Value of Net Cash Flows $ 42,000 525,000 77,500 $ 644,500 0.8700 $ 0.7571 0.6580 $ 36,522 39,698 50,958 127,178 114,000 $ 13,178 Project X1 Year 1 Year 2 Year 3 Totals Initial investment Net present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value $ 85,500 75,500 65,500 $ 226,500 0.8700 0.7571 0.6580 74,348 X 57,089 X 43,067 174,504 171,000 $ $ $ 3,504 = = Profitability Index Numerator: 1 Denominator: Present value of net cash flows Present value of net 1 cash flows Project X1 $ 127,177 > 1 $ 114,000 Project X2 $ 174,504 1 $ 171,000 If the company can choose only one project, which should it choose on the basis of profitability index? 11 Profitability index 1.12 1.02 Project X1 11