Following is information on two alternative investments beingconsidered by Jolee Company. The compan

/in /by

Following is information on two alternative investments beingconsidered by Jolee Company. The company requires a 8% return fromits investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided.)

   a. For each alternative project compute the netpresent value.

b. For each alternative project compute theprofitability index. If the company can only select one project,which should it choose? . . .

 

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