My initial answers were 87,623 for project A Net present value (Required A) and 265,948 for project A (Required B). Those answers were marked wrong. I changed the Present Value of Year 1 for Project A from 37,962 to 37,961 (both were marked as correct). I am not able to adjust anything that does not have a ticker next to it. I posted the items in reverse, as it was the easiest thing to do.

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 provided.) Project A $(178, 325) Project B $(148,968) points Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 41,800 50,000 88, 295 95,400 66,000 33. eae 61. eae 63.203 84,800 26, 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? * Answer is complete but not entirely correct. 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 Choose Numerator: Choose Denominator: Present value of net cash Initial investment flows 265,947 178,325 212,292 148,960 = = Profitability Index Profitability index 1.49 Project Project 1.43 If the company can only select one project, which should it choose? Project A