Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows

Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Life of the Project (years) of Return 6 Net Internal Investment Present Rate Value $242,761 $105,155 $191,327 $138,414 Project Required $990,000 $740,000 $690,000 $890,000 18% A 13% 198 11 6 4 17% The net present values above have been computed using a 10% discount rate. The company wants your assistance in determining which project to accept first, second, and so forth Required: 1. Compute the project profitability index for each project. 2. In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the project profitability index for each project. (Round your answers to 2 decimal places.) Project Profitability Index Project A B C D BCD Complete this question by entering your answers in the tabs below. Required 1 Required 2 In order of preference, rank the four projects in terms of net present value, project profitability index and internal rate of return. Project Profitability Index Net Present Internal Rate of Return Value First preference Second preference Third preference Fourth preference