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Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Required: Compute the payback period for

Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects

follow:

Required:

Compute the payback period for each project and rank order them based on this criterion.

Compute the NPV of each project and rank order them based on this criterion.

Compute the profitability index of each project and rank order them based on this criterion.

If Jennings has limited funds to invest, which ranking should Jill recommend?

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