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Following is information on two alternative investments being considered by Jolee Company. The company requires...

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Accounting

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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 $(174,325) Initial investment Expected net cash flows int Year 1 Year 2 Year 3 Year 4 Year 5 45,000 43,000 87,295 80,400 64,000 Project $(140,960) 34,000 61,000 55,000 67,000 30,000 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 174,325 Chart Values are Based on: = 61% Year Cash Intlow X PV Factor 45,000 Present Value

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