12. Orange Co. is considering the following three investment proposals. Investment required Present value of future cash flows Investment A RM90,000 RM104,000 Investment B RM70,000 RM99.000 Investment C RM100,000 RM138,000 How would you rank the above investment proposals using profitability index method? B,A,C C, B, A A, B, C B, C, A Use the following information to answer Questions 14 and 15. Maju Sdn. Bhd. wishes to expand their businesses to one of the countries below. Their data analyst has provided the following projected initial investment and annual cash flows for both countries. The required rate of return is 9%. Year 0 1 2 3 Country X (RM) (1,000,000) 260,000 374,000 555,000 589,000 Country Y (RM) (1,500,000) 255,000 389,000 677,000 692.000 4 14. Determine the present value of cash inflows from both countries. Country X, RM1,398,800, Country Y, RM1,573,953 Country X, RM1,573,953, Country Y, RM1,398,800 Country X, RM1,288,900, Country Y RM1,462,455 O Country X, RM1,462,455, Country Y, RM1,288,900 15. Based on the net present value method, how would you rank the above countries in terms of its investment potential? * Country X has better investment potential than Country Y due to its higher present value of cash inflows. Country Y has better investment potential than Country X due to its higher present value of cash inflows. Country X has better investment potential than Country Y due to its higher net present value. Country Y has better investment potential than Country X due to its higher net present value