Determine the priority order of the four projects with the 15% interest rate given below by:

a) The payback period method

b) The ratio of the annual profit method

c) The ratio of the average annual profit method

d) The net present value method

e)The cost-benefit ratios method

Explain the best and worst method with the reason.

Project A 2500 Project B 2000 Project C 2250 Project D 3000 Investment Amount ($) Years 1 2 3 4 200 300 500 500 500 500 100 100 100 5 6 400 500 600 300 200 100 100 100 100 100 850 750 650 650 500 500 500 500 500 500 750 750 750 750 750 750 750 750 7 8 9 750 10 100 750