4: Homework 6 Sarved Help Save & Exit Subm Exercise 24-10 NPV and profitability index LO P3 6 Book Following is information on two alternative Investments being considered by Jolee Company. The company requires a 12% return from Its Investments. (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s) from the tables provided.) Projet Project Initial investment $(172,325) $(146.960) Expected net cash flove in 52.000 27,000 Year 2 47.000 60,000 63,000 95.400 73,000 57,000 35,000 Year 1 Print 79,295 Year) Year 4 Year nonces 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? Complete this question by entering your answers in the tabs below. Required Required B For each alternative project compute the net present value. Project A Initial Investment $ 172,325 Chart Values are Based on 11 12%