Question: Ex D - 7 Present value index Kentucky Grill has computed the net present value for capital expenditures for the Somerset and Whitley City locations
Ex D Present value index
Kentucky Grill has computed the net present value for capital expenditures for the Somerset and Whitley City locations using the net present value method. Relevant data related to the computation are as follows:
a Determine the present value index for each proposal. Round to two decimal places.
b If Kentucky Grill can fund only one location, which location should be funded?
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