a. Determine the present value index for each proposal. Round to two decimal places

Present Value Index Kentucky Grill has computed the net present value for capital expenditures for the Somerset and Whitley City locations using the net present value method. Relevant data related to the computation are as follows: Somerset Wh itlev City Total present value of net cash flow Amount to be invested $203,700 194,000 $217,140 231,000 a. Determine the present value index for each proposal. Round to two decimal places. Present Value Index Somerset Location Whitley City Location