This is where the Uniform Credit Analysis (UCA) cash flow statement comes into play. UCA measures how much cash is available for debt service by highlighting changes in the balance sheet that impact cash.
Throughout his life, Hobbes believed that the only true and correct form of government was the absolute monarchy. He argued this most forcefully in his landmark work, Leviathan. This belief stemmed from the central tenet of Hobbes' natural philosophy that human beings are, at their core, selfish creatures. According to Hobbes, if man is placed in a state of nature (that is, without any form of government) humans would be in a state of constant warfare with one another.
However, in Hobbes' theory, once the power was given to the state, the people then relinquished any right to that power. In effect, that would be the price of the protection they sought. Jean Jacques Rousseau and John Locke each took the social contract theory one step further. Rousseau wrote The Social Contract, or Principles of Political Right in which he explained that the government is based on the idea of popular sovereignty. Thus the will of the people as a whole gives power and direction to the state.