2 E11-15 (Algo) Comparing Capital Budgeting Methods (LO 11-1, 11-2, 11-3, 11-4, 11-6) Flints The following table contains information about four potential investment projects that Castle Corporation is considering. Required Project Aceto Payback Profitability Project Investment wito ROR Period NPV Index $ 620,000 5 18.000 3.9 $ 182,750 2.63 $ 870,000 17.500 3.4 $ 174,562 1.20 $1,120,000 4 11.000 3.1 $ 216,420 1.33 D $1,620,000 5 11.700 3.7 $ 245,758 1.28 Skipped B c 4 eBook Required: 1. Rank the four projects in order of preference under each method indicated by the headers: Print Accounting Rate of Return Payback Period Net Present Value Profitability Index References 1st preferred 2nd preferred 3rd preferred 4th preferred 2. Which method is the best for evaluating the investments? Net present value Accounting rate of return Payback period O Profitability index