Kaheka Hawaiian Grill has computed the net present value for capital expenditures for the San Jose and Malibu locations using the net present value method.

Relevant data related to the computation are as follows:

Determine the present value index for each proposal. Round to two decimalplaces.

San Jose $8,086,900 6,469,500 $1,617400 Malibu $7,190,900 5,617,800 $1,573,100 Total present value of net cash flow Amount to be invested Net present value