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Jill Harrington, a manager at Jennings Company, is considering several potential capital Investment projects. Data on these projects follow: Initial investment Annual cash inflows PV

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Jill Harrington, a manager at Jennings Company, is considering several potential capital Investment projects. Data on these projects follow: Initial investment Annual cash inflows PV of cash inflows Project X Project Y Project Z $48,eee $28,eee $50,eee 25, eee 10,eee 25,4ee 45, eee 33,eee 78,eee Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2 Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability Index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to Invest, which ranking should Jill recommend

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