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: Life of the Internal Investment Present value of Project Rate of Project Required Cash Inflows (years) Return A B $ 130,000 $136,000 $ 249,323 7 20% $ 222,000 12 18% C $ 105,000 $ 180,035 7 D $ 169,000 $ 258,136 3 19% 17% 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.