Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $530,000 and has a present value of all its cash flows of $1700,000. Project 2 requires an initial investment of $4 million and has a present value of all its cash flows of $7 million. (a) Compute the profitability index for each project. (b) Based on the profitability index, which project should the company select? Complete this question by entering your answers in the tabs below. Compute the proficability index for each project. Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $530,000 and has a present volue of all its cash flows of $1,700,000. Project 2 requires an initial investment of $4 million and has a present value of all its cash flows of $7 million. (a) Compute the profitability index for each project. (b) Based on the profitability index, which project should the company select? Complete this question by entering your answers in the tabs below. Based on the prontability index, which project should the company select? Based on the proftnbility index, which progect should the compary select