6 E11-15 (Algo) Comparing Capital Budgeting Methods [LO 11-1, 11-2, 11-3, 11-4, 11-6) The following table contains information about four potential investment projects that Castle Corporation is considering 2 points Payback Period Project A 8 03:18:24 Required Investment 5 940,000 $ 990,000 $ 1,240,000 $ 1,740,000 Project Life 5 4 4 5 3.6 Aceto ROR 27.00 19.000 12.500 16.205 4.0 3.7 3.3 c D Profitability Index 2.16 2.14 1.45 1.40 NPV $ 305,750 $ 285,562 $ 217,920 $ 247,258 Book Print Required: 1. Rank the four projects in order of preference under each method indicated by the headers: References Accounting Rate of Return Payback Period Not Present Value Profitability Index 1st preferred 2nd preferred Sed preferred 4th preferred 2. Which method is the best for evaluating the investments? O Net present value O Accounting rate of return O Payback period O Profitability index