Project B is cut out but it's the same 'fill in blank as Project A with 5 years of cash flow.

Following Is Information on two alternative Investments being considered by Jolee Company. The company requires a 6% return from Its Investments. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Project A Project B Initial investment $ (181, 325) $ (141,960) Expected net cash flows in: Year 1 38, 600 42,600 Year 2 52,090 48, 060 Year 3 80, 295 55,090 Year 4 92, 400 82,090 Year 5 72, 090 25, 609 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? ences Complete this question by entering your answers in the tabs below. Required A Required B For each alternative project compute the net present value. Project A Initial Investment $ 181,325 Chart Values are Based on: 1= % Year Cash Inflow X PV Factor Present Value 2 3 Project B Initial Investment $ 141.980