Exercise 12-11 (Algo) Preference Ranking of Investment Projects [LO12-5] Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Project AUD Investment Required $ 200,000 $146,000 Present value of Cash Inflows Life of the Project Internal Rate of (years) Return $ 299,323 7 119 $272,000 12 168 C $ 100,000. $161,000 $ 230,035 $308,136 7 158 3 148 The net 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 Required 2 Compute the profitability for each project. (Round your answers to 2 decimal places.) Project Profitability Index A BCD 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 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 Index of Return First preference Second preference Third preference Fourth preference < Required 1 Required 2