Present Value Index

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:

	Fort Collins		Boulder
Total present value of net cash flow	$272,570		$347,360
Amount to be invested	(281,000)		(334,000)
Net present value	$(8,430)		$13,360

a. Determine the present value index for each proposal. Round your answer for the present value index to two decimal places.

	Fort Collins	Boulder
Total present value of net cash flow	$fill in the blank 1	$fill in the blank 2
Amount to be invested	$fill in the blank 3	$fill in the blank 4
Present value index	fill in the blank 5	fill in the blank 6