Ch 24 Quiz 7 Saved Help Seve & Exit Submit 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 Net cash flows Project X1 $ (104,000) Project X2 $ (168,000) Year 1 Year 2 Year 3 37,000 78,000 47,500 68,000 72,500 58,000 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? Complete this question by entering your answers in the tabs below. Required A Required Required C Compute each project's net present value. (Round your final answers to the nearest dollar) Net Cash Flows Present Value of 1 at 6% Present Value of Net Cash Flows Project X1 7/8 Next >