Check Exercise 14-11 (Algo) Preference Ranking of Investment Projects [LO14-5) Oxford Company has limited funds available for investment and mustration the funds among four competing projects. Selected Information on the four projects follows: Prosent me of Value of the Internal Investment Canh Promet Lat Project Required Inflows (years) of Return $200,000 $294,323 7 162 $137,000 $267.000 12 214 $104,000 $225,035 7 $167,000 $303, 136 3 190 200 D The ne present values should be 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 profitability Index for each project 2. In order of preference, rank the four projects in terms of net present Value, profitability Index, and internal rate of return Required: 1. Compute the profitability Index for each project. 2. In order of preference, rank the four projects in terms of net present value, profitability index, and internal rate of return. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the profitability Index for each project. (Round your answers to 2 decimal places.) Project Profitability Index B D Required 2 > project to accept ist, Second, and so on. Required: 1. Compute the profitability Index for each project 2. In order of preference, rank the four projects in terms of net present value, profitability Index, and internal rate of return. Complete this question by entering your answers in the tabs below. Required 1 Required 2 In order of preference rank the four projects in terms of net present value, profitability Index, and internal rate of return Net Present Value Profitability Internal Rate of Return Inder First preference Second preference Third preference Fourth preference (Required 1