Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Project Investment Required Present value of Cash Inflows Life of the Project (years) Internal Rate of Return A $ 190,000 $ 284,323 7 16% B $ 152,000 $ 257,000 12 21% C $ 103,000 $ 215,035 7 20% D $ 174,000 $ 293,136 3 19% The net present values should be 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 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