Ch 24: Homework Saved Help Save & Ext Submit Check my work 6 Exercise 24-10 NPV and profitability index LO P3 2.77 points 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 S1, and FVA of $1 (Use appropriate factor(s) from the tables provided.) Project ${178,325) Print Initial investment Expected net cash flova in Year 1 Year 2 Year) Year 4 Year 5 Project ${159,960) 33,000 51,000 63,000 20,000 36,000 44,000 59,000 73,295 95.400 60,000 References 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. ME Grow 6 MacBook Pro $ % A & 3 2 3 4 5 CO 7 8 9