1 Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: 1 points Life of Net the Internal Investment Present Project Rate Project Required Value (years) of Return A $920,000 $145, 122 5 16% B $705,000 $293,383 10 198 $620,000 $114,615 5 17% $ 820,000 $148,069 3 20% The net present values above have been computed using a 10% discount rate. The company wants your assistance in determining which project to accept first, second, and so forth. Required: 1. Compute the project profitability index for each project. 2. In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the project profitability index for each project. (Round your answers to 2 decimal places.) Project A Project Profitability Index 1.16 X 1.42 X 1.18 X B D 1.18 x Required 1 Required 2 >