Question: Kartman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and sell them three years from today. The annual

 Kartman Corporation is evaluating four different real estate investments. Management plans

Kartman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and sell them three years from today. The annual discount rate for these investments is 10%. The following table summarizes the initial cost and the sale price in three years for each property:. Kartman has a total capital budget of $780,000 to invest in properties. Which properties should it choose? The profitability index for Parkside Acres is (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Cost Today $640,000 910,000 Parkside Acres Real Property Estates Lost Lake Properties Overlook 630,000 140,000 Print Done Sale Price in Year 3 $1,140,000 1,510,000 1,030,000 340,000 X

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