E11-12 (Static) Ranking Capital Investment Projects Using Different Criteria LO 11-2, 11-3, 11-5, 11-6) Jul Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Initial investment Annual cash inflows PV of cash in love Project Project Project $40,000 $20,000 $50,000 25,000 10.000 25,400 45,000 33,000 70,000 Required: 1. Compute the payback period for each project and rank order them based on this criterion 2. Compute the NPV of each project and rank order them based on this criterion 3. Compute the profitability index of each project and rank order them based on this criterion 4. If Jennings has limited funds to invest, which ranking should Jill recommend? Complete this question by entering your answers in the tabs below. Required Required 2 Required a Required 4 Compute the payback period for each project and rank order them based on this criterion, (Round your answers to 2 decimal places.) Payback Period Rank Project X Project Y Project z Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the NPV of each project and rank order them based on this criterion NPV Rank Project X Project Y Project 2 Compute the profitability index of each project and rank order them based on this criterion. (Round your answers to 2 decimal places.) PI Rank Project X Project Y Project 2 Required 1 Required 2 Required 3 Required 4 If Jennings has limited funds to invest, which ranking should Iill recommend? I Jennings has limited funds to invest, which ranking should Jill recommend?