I need help with the whole problem with explanation and Solution. Please.
Chapter 24-Homework i Help Save & Exit Submit Check my work 11 Following is information on two alternative investments being considered by Tiger Co. The company requires a 7% 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.) points Project X1 $(106,000) Project X2 $(172,000) eBook Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 38,000 48,500 73,500 79,500 69,500 59,500 Hint Print References 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? Complete this question by entering your answers in the tabs below. Required A Required B Compute each project's net present value. (Round your final answers to the nearest dollar.) Net Cash Flows Present Value of 1 at 7% Present Value of Net Cash Flows Project X1 Year 1 $ 38,000 0.9345 Chapter 24-Homework i Help Save & Exit Submit Check my work 11 Required A Required B Compute each project's net present value. (Round your final answers to the nearest dollar.) Net Cash Flows Present Value of 1 at 7% Present Value of Net Cash Flows points Project X1 Year 1 Year 2 $ eBook 38,000 48,5001 73,500 160,000 0.9345 0.8734 0.8163 Hint Year 3 Totals 42,360 59.998 102,358 Print $ $ References $ 102,358 Amount invested Net present value Project x2 Year 1 $ Year 2 79,500 69,500 59,500 208,500 0.9345 0.8734 0.8163 Year 3 60.701 48,5701 109,271 Totals $ $ Amount invested Net present value $ 109,271 Required B > Chapter 24-Homework a Help Save & Exit Submit Check my work Complete this question by entering your answers in the tabs below. Required A Required B points Compute each project's profitability index. If the company can choose only one project, which should it choose? Book Profitability Index I Choose Denominator: Hint Choose Numerator: = Profitability Index Profitability index Print References Project X1 Project x2 If the company can choose only one project, which should it choose?