Cash Flow Return on Invested Capital (CFROIC) is defined as consolidated cash flow from
operating activities minus capital expenditures, the difference of which is
divided by the difference between total assets and non-interest bearing current liabilities.
He concluded that their news portrays society as
divided into three separate spheres of
activity: the private sphere, which includes the individual, family and private enterprise; the public sphere, where «politics» and «the economy»
operate; and the state sphere, where agencies of the government maintain political, economic, and social stability.