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Ranger Corporation has decided to invest in renewable energy sources to meet part of its energy needs for production. It is considering solar power versus

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Ranger Corporation has decided to invest in renewable energy sources to meet part of its energy needs for production. It is considering solar power versus wind power. After considering cost savings as well as incremental revenues from selling evcess electricity into the power grid, it has determined the following. Determine the net present value and protitability index of each project. (If the net present value is negative, use either a negotive sign preceding the number eg -45 or parentheses es (45). Round present value answers to 0 decimol ploces es. 125 and profitablity inder answers to 2 decimal ploces, es. 15.25.) Determine the net present value and profitability index of each project. (ff the net present value is negative, use either a negative sign preceding the number eg 45 or parentheses es (45). Round present value answers to 0 decimal places, eg. 125 and profitability index answers to 2 decimal ploces, es. 15.25. Which enersy source should it choose? The company should choose energy source

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