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

image text in transcribed Oxford Company has limited funds available for investment and must ration the funds among five competing projects. Selected information on the five projects follows: 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.) 2. In order of preference, rank the five projects in terms of (a) net present value, (b) profitability index

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