Governing and regulating bodies of the state look at financial statement analysis to determine how the economy is performing in general so they can plan their financial and industrial policies. Tax authorities also analyze a companyâs statements to calculate the tax burden that the company has to pay.
Many adults now spend more hours of the day using laptops and phones than they do asleep, a survey has revealed. People spend an average of 8 hours 21 minutes sleeping a day â but spend an average of 8 hours 41 minutes on media devices.
Much of the growth in time spent on mobile devices will come from people spending more time within apps. In 2015, US smartphone and tablet users will spend an average of 3 hours and 5 minutes a day using mobile apps, up from 2 hours 51 minutes in 2014. By 2016, mobile device users will spend 3 hours 15 minutes per day using apps.