Information on four investment proposals is given below Investment required Present value of cash inflows Net present value Life of the project 5(120,000) 3(180,000) $(30,00) 501,0,00) 172,000 250,00 4 1 $ 52,00 S 70,000 $10.00 521, 5 years 2 years 6 years 5 years Required: 1. Compute the project profitability index for each investment proposal (Round your answers to 2 decimal places) 2. Rank the proposals in terms of preference Investment Proposal Project Profily ledes Preference A B C