Following is information on two alternative investments being considered by Jolee Company. The company requires a 6% return from its investments. (PV of $1. FV of $1. PVA of $1. and FVA of $11 (Use appropriate factor(s) from the tables provided.) Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(188,325) 45,000 59, eee 79,295 91, 4ee 57,880 Project B $(142,968) 27,600 Se.ee 53,690 66,000 25,000 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 value. Project A Initial Investment s 180,325 Chart Values are Based on: i = % Year Cash Inflow PV Factor 1 2 3 Present Value = 4 5 Project B S 142,960 Initial Investment Year Cash Inflow 1 PV Factor Present Value 2 3 4 5 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 B If the company can only select one project, which should it choose?