Exerclse $14\mathrm{.}5($Algo$)$ Preference Ranking $[$L$014-5]$

Information on four investment proposals is given below:

$\backslash$table$[[,$Investment Proposal$],[,\backslash$bar $($A$),$B$,$C$,$D$],[$Investment required,$$(130,600),$$$(149,069),$$$(150,600),$$$(1,269,069)],[$Present value of cash inflows,$185,600,193,800,228,600,1,681,100],[$Net present value,$$55,600,$$$53,800,$$$78,690,$$$421,100],[$Life of the project,$5,7,(1)/(6),(6)/(6)]]$

Required:

Compute the profitability Index for each Investment proposal.

Note: Round your answers to $2$ decimal places.

$2.$ Rank the proposals in terms of preference.

$\backslash$table$[[\backslash$table$[[$Investment$],[$Proposal$]],\backslash$table$[[$Profitability$],[$Index$]],\backslash$table$[[$Rank$],[$Preference$]]],[$A$,,],[$B$,,],[$C$,,],[$D$,,]]$