Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $440,000 and has a present value of cash flows of $2,050,000.0. Project 2 requires an initial investment of $4,000,000 and has a present value of cash flows of $7,000,000 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. Tot Required 1 Required 2 Compute the profitability Index for each project. Dim Choose Numerator: Profitability Index Choose Denominator: 1 References Profitability Index Profitability Index Project Project 2 Required 2 > mework Assignment i Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $440,000 and has a present value of cash flows of $2,050,000.0. Project 2 requires an initial investment of $4,000,000 and has a present value of cash flows of $7,000,000 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. OOK Him Required 1 Rdquired 2 Based on the profitability Index, which project should the company prefer? Prim Based on the prolability index, which project should the company preter? References