We represent one of various ways of establishing a concept of the virtual organization. The Internet connect the managers and entrepreneurs and gives them adviser support. This concept is a result of the theoretical point of a new informational economy, knowledge management and qualitative...

The article sheds light on the evaluation of cost of equity, which is important as it determines the minimum yield the investors require on the invested capital. We use the cost of equity as a discount rate to calculate the present value of the expected free cash flows which belongs to the...