问题如下：
5. Are Robinson’s first two observations, respectively, correct?
选项：
A.Yes for both observations.
B.No for the first and Yes for the second.
C.Yes for the first and No for the second.
解释：
Robinson’s first statement is wrong. The value of an asset is the present value of its future cash flows. Economic income each year is the cash flow minus economic depreciation, EI = CF ED. For this company, which is declining in value each year, the economic depreciation is positive and EI is less than CF each year. Consequently, the present value of economic income (EI) will be less than the present value of future cash flows (CF). Robinson’s second statement is correct.
问题1：EI的净现值是什么？
问题2：题目中说EI的净现值就是EI，应该等于现金流的净现值，这肯定错，因为EI=OCF-DEP，所以应该是EI小于OCF就对了是吗？
