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profitability index for all real estate investments are? Kartman Corporation is evaluating four different real estate investments. Management plans to buy the properties today and

profitability index for all real estate investments are?
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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 11%. The following table summarizes the initial cost and the sale price in three years for each property: Kartman has a total capital budget of $620,000 to invest in properties. Which properties should it choose? The profitability index for Parkside Acres is (Round to two decimal places.)

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