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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 excess electricity into the power grid, it has determined the following. Determine the net present value and profitability index of each project. (If the net present value is negotive, use either a negative sign preceding the number e 45 or parentheses e (45). Round present value answers to 0 decimal ploces, eg. 125 and profitability index answers to 2 decimal places, eg. 15.25.) Which energy source shouldit choose? The company should choose energy source

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