Capital Rationing Decision Involving Four Proposals follows: Present Value of $1 at Compound Interest and present value indexes are used to rank the remaining proposals. Required: 1. Compute the cash payback period for each of the four proposals. Assume that net cash flows are uniform throughout the year. 2. Giving effect to straight-line depreciation on the investments and assuming no estimated residual value, compute the average rate of return for each of the four proposals. Round to one decimal place. Average Rate of Return Proposal Bravo Proposal Tango % Proposal Uniform % Proposal Victor % % 3. Using the results from parts (1) and (2) determine which proposals should be accepted for further analysis and which should be rejected. Accept/Reject Proposal Bravo Proposal Tango Proposal Uniform Proposal Victor Reject Accept for further analysis Reject Accept for further analysis value. Select the proposal accepted for further analysis Total present value of net cash flow Amount to be invested Net present value 5. Compute the present value index for each of the proposals in part (4). Round to two decimal places