U Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected information on the four projects follows: Life of Present value the Internal Investment of Cash Project Rate of Project Required Inflows (years) Return A $ 150,000 $ 274,323 7 15% B $ 129,000 $ 247,000 12 20% $ 103,000 $ 205,035 7 19% $ 160,000 $ 283, 136 3 18% 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 return. D Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the profitability index for each project. (Round your answers to 2 decimal places.) Project A Profitability Index 0.55 0.52% 0.50 X 0.57 B c D D x A 7 Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected Information on the four projects follows: Life of Present value the Internal Investment of Cash Project Rate of Project Required Inflows (years) Return $ 150,000 $ 274,323 15% B $ 129,000 $ 247,000 12 20% $ 103,000 $ 205,035 19% $ 160,000 $ 283,136 3 18% The net present values should be computed using a 10% discount rate. The company wants your assistance in determining whi 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 return. 7 D Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 In order of preference, rank the four projects in terms of net present value, profitability index, and internal rate of return. Net Present Value D Profitability Internal Rate of Index Return XD XB A B D A First preference Second preference Third preference Fourth preference A B