Chapter 11 HW Present Value Index Book Know Textbocks Google Sheets Unit 1-Chemistry of Life Dip N' Dunk Doughnuts has computed the net present value for capital expenditure at two locations. Relevant data related to the computation are as follows: Total present value of net cash flow Amount to be invested Net present value Ft. Collins Boulder $324,450 $345,920 (309,000) (368,000) $15,450 $(22,080) a. Determine the present value index for each proposal. Round your answer for the present value index to two decimal places Total present value of net cash flow Ft. Collins Boulder Amount to be invested Present value index b. Which location does your analysis support? (If both present value indexes are the same, either location will grade as correct.) because the net present value index is