Question: please help and explain what im doing wrong Information on four investment proposals is given below: Investment required Present value of cash inflows Net present

 please help and explain what im doing wrong Information on four please help and explain what im doing wrong

Information on four investment proposals is given below: Investment required Present value of cash inflows Net present value Life of the project Investment Proposal A B D $(330,000) $(40,000) $(190,000) $(2,380,000) 480,000 56,500 286,700 3,178,500 $ 150,000 $ 16,500 $ 96,700 5 798,500 5 years 7 years 6 years 6 years Required: 1. Compute the profitability index for each investment proposal. (Round your answers to 2 decimal places.) 2. Rank the proposals in terms of preference. Answer is complete but not entirely correct. Investment Proposal Profitability Rank Index Preference 0.45 Second 041 Third 0.51 First 0 34 Fourth B C OS D

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