Present value index

Tasty Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follow$5$:

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

b$.$ Which location does your analysis support? $($If both present value indexes are the same, either location will grade as correct.$)$

Des Moines $,$ because the net present value index is

$1.$