Exercise 14-5 (Algo) Preference Ranking (LO14-5) Information on four investment proposals is given below: Investment proposal B D Investment required $ (190,000) 5 (180,000) 5 (170,000) $ (900,000) Present value of cash inflows 267,400 249.400 259, 300 1,197,500 Net present value 5277,400 $ 69,400 $ 89,300 $ 297,500 Life of the project 5 years 7 years 6 years 6 years Required: 1. Compute the profitability Index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference, Investment Profitability Proposal Index A Rank Preference B D