Oxford Company has limited funds available for investment and must ration the funds among the four competing project shown below: Life of Present the Internal Investment Value of Project Rate Project Required Cash Inflows (years ) of Return A $ 200, 000 $ 324,323 11% $ 121,000 $ 297, 000 12 16% $ 103, 000 $ 255, 035 15% $ 169, 000 $ 333, 136 14% The net present values above have been computed using a 10% discount rate. Required: 1. Compute the profitability index for each project. 2. In order of preference, rank the four projects in terms of net present value, profitability index, and internal rate of return Complete this question by entering your answers in the tabs below, Required 1 Required 2 Compute the profitability index for each project. Note: Round your answers to 2 decimal places. Profitability