Saved Help Save & Exit Submit Check my work Exercise 24-10 NPV and profitability index LO P3 Following is information on two alternative investments being considered by Jolee Company. The company requires a 8% return from its investments. (PV of $1. FV of $1. PVA of $1, and EVA of S1) (Use appropriate factor(s) from the tables provided.) Project Project B Initial investment $(176,325) $(141,960) Expected net cash flows in year 44,000 42,000 2 48,000 55,000 88,295 62,000 84,400 65,000 57,000 23,000 1 3 4 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 A Required B For each alternative project compute the net present value. Project A Initial Investment $ 176,325 Chart Values are Based on: Cash Inflow PV Factor Present Value Year 1 Project A Initial Investment $ 176,325 Chart Values are Based on: Year Cash Inflow PV Factor Present Value 1 50:56 2 = 3 4 = 5 ht Initial Investment Year Cash Inflow Project B $ 141,960 PV Factor Present Value 1 2 3 = 4 5