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a) what is the profitability index for parkside acres (round to two decimal places) b) what is the profitability index for real property estates (round

image text in transcribeda) what is the profitability index for parkside acres (round to two decimal places)

b) what is the profitability index for real property estates (round to two decimal places)

c) what is the profitability index for lost lake properties (round to two decimal places)

d) what is the profitability index for Overlook (round to two decimal places)

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 15%. The following table summarizes the initial cost and the sale price in three years for each property: Cost Today $650,000 Sale Price in Year 3 $1,150,000 800,000 1,400,000 Parkside Acres Real Property Estates Lost Lake Properties Overlook 650,000 1,050,000 150,000 350,000

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