Oxford Company has limited funds available for Investment and must ration the funds among five competing projects. Selected Information on the five projects follows: Project Investment Required Net Present Value Life of the Project (years) A $ 594,000 $ 118,300 7 B 753,000 C 541,000 129,500 106,600 12 7 D E 475,000 375,000 122,400 3 (34,500) 6 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, which to accept second, and so on. Required: 1. Compute the profitability Index for each project. (Round your answers to 2 decimal places.) Answer is not complete. Profitability Project Index A 0.20 X B C D E (0.09)