Information on four investment proposals is given below:

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$,0\mathrm{.}31,$Second$],[$B$,0\mathrm{.}29,$Third$],[$C$,0\mathrm{.}34,$First$],[$D$,0\mathrm{.}25,$Fourth$]]$