Vishal Complete this question by entering your answers in the tabs below.Required 1 Required 2Project XProject YProject Z$$$Compute the NPV of each project and rank order them based on this criterion.NPVX Answer is complete but not entirely correct.Required 3Rank86,363 271,818 x 3145,454 X 1XXRequired 4✓< Required 1Required 3 > Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projectsfollow:Initial investmentAnnual cash inflowsPV of cash inflowsRequired 1Project X$ 40,00025,00045,000Required:1. Compute the payback period for each project and rank order them based on this criterion.2. Compute the NPV of each project and rank order them based on this criterion.3. Compute the profitability index of each project and rank order them based on this criterion.4. If Jennings has limited funds to invest, which ranking should Jill recommend?Required 2Complete this question by entering your answers in the tabs below.NPVProject Y$ 20,00010,00033,000Required 3Project Z$ 50,00025,40070,000X Answer is complete but not entirely correct.RankRequired 4Compute the NPV of each project and rank order them based on this criterion.Return to

The question is based on the concept of Cost Accounting.Payback period is the period in which the…

Jill Harrington, a manager at Jennings Company, is considering several potential capital investment projects. Data on these projects follow: Project X $ 40,000 25,000 45,000 Project Y Project Z $ 20,000 10,000 $ 50,000 25,400 70,000 33,000 Initial investment Annual cash inflows PV of cash inflows Required: 1. Compute the payback period for each project and rank order them based on this criterion. 2. Compute the NPV of each project and rank order them based on this criterion. 3. Compute the profitability index of each project and rank order them based on this criterion. 4. If Jennings has limited funds to invest, which ranking should Jill recommend?