0.59 points Exercise 24-10 (Algo) Net present value, unequal cash flows, and profitability index LO P3 Following is information on two alternative investment projects being considered by Tiger Company. The company requires a 6% return from its investments (PV of $1. EV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Initial investment Project XI eBook $ (104,000) Project X2 $ (168,000) Net cash flows In H Year 1 37,000 78,000 Year 2 47,500 68,000 Print Year 3 72,500 58,000 References a. Compute each project's net present value. b. Compute each project's profitability index. c. If the company can choose only one project, which should it choose on the basis of profitability index? 9 Required A Required B Required C Compute each project's net present value. (Round your final answers to the nearest dollar.) 0.59 points Project X1 Year 11 eBook Year 2 Year 3 Hint Totals Initial investment References Not present value Project X2 Year 1 Year 2 Year 3 Totals Initial investment Net present value Net Cash Flows Present Value of 1 at 6% Present Value of Net Cash Flows 6 0.59 points ebook Hint Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute each project's profitability index. Numerator Print References Project X1 Project X2 Profitability Index Denominator: Profitability Index Profitability index 059 points Complete this question by entering your answers in the tabs below. Required A Required Required C If the company can choose only one project, which should it choose on the basis of profitability index? H Prime If the company can choose only one project, which should it choose on the basis of profitability index? References >>