. Ranking Projects. The following projects have been evaluated using four capital budgeting techniques.

\section*{Required:}
1. Based only on the information provided, rank the projects for each of the capital investment methods shown.

2. What additional information is needed to make better rankings? Discuss what might cause the differences in the rankings.

Net present value (using 14%). Internal rate of return...... Payback period.... Accounting rate of return Project A Project B Project C Project D $3,440 $8,550 $300 $(2,000) 18% 16% 20% 12% 3 years 25% 2 years 4 years 5 years 18% 22% 20%