Question: The net present value for Proposals X and Y has been calculated on the basis of the data given below. Proposal X Proposal Y Amount

The net present value for Proposals X and Y has been calculated on the basis of the data given below.

Proposal X Proposal Y Amount to be invested $145,000 $280,000 Total present value of net cash flow 172,000 320,000 Net present value 27,000 40,000

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

Present Value Index Proposal X $ ______ Proposal Y $ ______

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!