Question
The net present value has been computed for Proposals P and Q. Relevant data are as follows: Proposal P Proposal Q Amount to be invested
The net present value has been computed for Proposals P and Q. Relevant data are as follows:
Proposal P Proposal Q
Amount to be invested $245000 $460000
Total present value of net cash flow 296500 425000
Determine the present value index for each proposal. Round your answers to two decimal places.
| Proposal P | |
| Proposal Q |
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
