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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% 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.)
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| Â Â | Project A | Project B | ||||||||
| Â Â Initial investment | Â | $ | (184,325 | ) | Â | Â | $ | (160,960 | ) | Â |
| Â Â Expected net cash flows in year: | Â | Â | Â | Â | Â | Â | Â | Â | Â | Â |
| 1 | Â | Â | 51,000 | Â | Â | Â | Â | 30,000 | Â | Â |
| 2 | Â | Â | 55,000 | Â | Â | Â | Â | 47,000 | Â | Â |
| 3 | Â | Â | 90,295 | Â | Â | Â | Â | 60,000 | Â | Â |
| 4 | Â | Â | 77,400 | Â | Â | Â | Â | 82,000 | Â | Â |
| 5 | Â | Â | 56,000 | Â | Â | Â | Â | 32,000 | Â | Â |
| Â | ||||||||||
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| 1(a) |
For each alternative project compute the net present value. |

| 1(b) |
For each alternative project compute the profitability index. |

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