Mařík, Miloš; Maříková, Pavla - In: Český finanční a účetní časopis 2008 (2008) 2, pp. 7-20
Both our and foreign practice prefer the discounted cash flow method for business valuation. The article analyses some … relations between the discounted cash flow method and other income methods based not on cash flows but on earnings. Especially … relations between income methods is a fact that investments are captured in discounted cash flow method through expenditures …