Following is information on two alternative investments being considered by Jolee Company. The company requires a 12% return from its investments. (FV of $1, PV of $1, FVA of $1 and PVA of $1). (Use appropriate factor(s) from the tables provided.) Project A Project B
Initial investment $(176,325) $(156,960)
Expected net cash
flows in year: 146,000 37,000
2 48,000 58,000
3 82,295 55,000
4 90,400 84,000
5 74,000 23,000
(a) For each alternative project compute the net present value.
(b) For each alternative project compute the profitability index.

When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?