Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Project X Project Y Project 2 Initial investment $40,000 $20,000 $50,000 Annual cash inflows 25,000 10,000 25,400 PV of cash inflows 45,000 33,000 70,000 Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to invest, which ranking should Jill recommend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the payback period for each project and rank order them based on this criterion. (Round your answers to 2 decimal places.) Payback Period Rank Project X Project Y Project z Required 2 > 1 3 Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow Project X Project Y Project $20,000 $50,000 25,000 10,000 25,400 45,000 33,000 70,000 Initial investment Annual cash inflows PV of cash inflows $40,000 Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to invest, which ranking should Jill recommend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the NPV of each project and rank order them based on this criterion. NPV Rank Project X Project Y Project 2 Jired 1 Required 3 > 1 2 3 Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Project X Project Y Project z $20,000 $50,000 25,000 10,000 25,400 45,000 33,000 70,000 Initial investment Annual cash inflows PV of cash inflows $40,000 Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to invest, which ranking should Jill recommend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the profitability index of each project and rank order them based on this criterion. (Round your answers to 2 decimal places.) PI Rank Project X Project Y Project 2 Aired 2 Required 4 > 3 Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Initial investment Annual cash inflows PV of cash inflows Project X Project y Project > $40,000 $20,000 $50,000 10,000 45,000 33,000 70,000 25,000 25,400 Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to invest, which ranking should Jill recommend? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 If Jennings has limited funds to invest, which ranking should Jill recommend? If Jennings has limited funds to invest, which ranking should Jill recommend?