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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

image text in transcribedRanger 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. Click here to view PV table.

to meet part of its nd pow Rang Sola Wind Initial investment 28,500 profitability ect (Zf the net pl mber eg -45 egative, negative sign precedi a th to 2 decinal places e.g. 15.25. Fe calculation purposes, decimal places displayed in the factor table provided.) solar wind Net preaent value s Profitability index L parentheses ea (45). Round present value the p grid, ectricity into to o decinal places, d profitability index a. 125

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