Question $4$: Framework $2$ measures the value of a company today mostly based on the $($i$)$ the difference between its future cash inflows from operations and its cash outflows from operations, and $($ii$)$ what it costs the company in terms of a rate to purchase the assets used to generate the net cash flows. $($This question is worth $2$ points$)$

Question $4$ Answer: $($True or False$)$

Question $5$: Which of the following statements is false? $($This question is worth $1$ point$)$

a$)$ Framework $1$ implies the element of time.

b$)$ Framework $2$ implies the element of time.

c$)$ The element of time in Framework $1$ and in Framework $2$ is implied by the notions $,n,t,$ and $i.$

d$)$ In Framework $2$ if $n=3,$ this means there are three separate division problems for which the quotients must be calculated then added together to find the quotient for Framework $2.$

e$)$ No statement is false.

Question $5$ Answer: $($a$,$ b$,$ c$,$ d$,$ or e$)$