Question: The net present value has been computed for Proposals P and Q . Relevant data are as follows: Line Item Description Proposal P Proposal Q

The net present value has been computed for Proposals P and Q. Relevant data are as follows:
Line Item Description Proposal P Proposal Q
Amount to be invested $245,000 $460,000
Total present value of net cash flow 296,500425,000
Determine the present value index for each proposal. Round your answers to two decimal places.
Proposal P fill in the blank 1 of 2
Proposal Q fill in the blank 2 of 2

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