Exercise $14-5($Algo$)$ Preference Ranking $[$ LO$14-5]$

Information on four investment proposals is given below:

Investment required

Present value of cash inflows

Net present value

Life of the project

Required:

Compute the profitability index for each investment proposal. $($Round your answers to $2$ decimal places.$)$

Rank the proposals in terms of preference.

$\backslash$table$[[\backslash$table$[[$Investment$],[$Proposal$]],\backslash$table$[[$Profitability$],[$Index$]],\backslash$table$[[$Rank$],[$Preference$]]],[$A$,,],[$B$,,],[$C$,,],[$D$,,]]$