The following table contains information about four potential investment projects that Castle Corporation is considering. Project Required Investment Project Acctg Life ROR Payback Period NPV Profitability Index A $ 800,000 5 31.50% 3.9 $ 367,250 2.91 B $1,050,000 4 19.75% 4.3 $ 429,062 2.08 $1,300,000 4 16.25% 4.0 $ 218,670 1.51 D $1,800,000 5 18.45% 3.0 $ 248,008 1.46 Required: 1. Rank the four projects in order of preference under each method indicated by the headers: Answer is complete but not entirely correct. Accounting Net Rate of Payback Period Present Profitability Index Return Value 1st preferred B D A 2nd preferred B 3rd preferred A 4th preferred D DA A D B B 2. Which method is the best for evaluating the investments? Net present value Accounting rate of return Payback period Profitability index O O O O