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Determine the present value index for each proposal. Round your answers to two decimal places. The net present value for Proposals X and Y has

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

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The net present value for Proposals X and Y has been calculated on the basis of the data given below. PLUM Mpmal Y Amount to be invested $145,000 $280,000 Total present value of net cash ow 172,000 320,000 Net present value 27,000 40,000 Determine the present value index for each proposal. Round your answers to two decimal places. Present Value Index Proposal X

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