Yokam Company is considering two alternative projects Project 1 requires an initial investment of $510,000 and has a present value of cash flows of $2,150.000.0 Project 2 requires an initial investment of $4,000,000 and has a present value of cash flows of $6,000,000 1. Compute the profitability index for each project 2. Based on the profitability index, which project should the company prefer? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the profitability Index for each project. Profitability Index Choose Denominator Choose Numerator: Profitability Index Profitability index 0 Project 1 Project 2 0 Required information The following information applies to the questions displayed below! Following is information on an investment considered by Hudson Co. The investment has zero salvage value. The company requires a 6% return from its investments Investment Al Initial Investment $(250,000) Expected net cash flows in: Year 1 135,000 Year 2 115,000 Year 91.000 Assume that instead of a zero galvage value, as shown above, the investment has a salvage value of $32,000. Compute the Investment's net present value (PV 51. FV L$1. PVA of $1, and EVA of 5) (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places.) Cash Flow Present Value of 1 at 6% Present Value Year 1 Year 2 Year 3 Totals Amount invested Net present value