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The management of Winstead Corporation is considering the following three investment projects ( Ignore income taxes. ) : table [ [ Investment required,Project Q

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The management of Winstead Corporation is considering the following three investment projects (Ignore income taxes.):
\table[[Investment required,Project Q,Project R,Project S],[Present value of cash inflows,$50,000,$89,000,159,000],[,$54,100,$102,280,174,790]]
The only cash outflows are the initial investments in the projects.
Required:
Rank the investment projects using the project profitability index.
\table[[Rank 1,],[Rank 2,],[Rank 3,]]
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