Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments.
![347_267-B-C-F-C-B (1484).png](https://secure.tutorsglobe.com/CMSImages/347_267-B-C-F-C-B (1484).png)
For each alternative project compute the
(a) Net present value,
(b) Profitability index.
If the company can only select one project, which should it choose?Explain.