EX $24-12$ Present value index

Obj. $3$

a$.$ Des Moines, $0\mathrm{.}95$

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

$\backslash$table$[[,$Des Moines,Cedar Rapids$],[$Total present value of net cash flow,$$712,500,$$$848,000$