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.
Another study, conducted by Flurry, shows U.S. consumers actually spend over 5 hours a day on mobile devices! About 86% of that time was taken up by smartphones, meaning we spend about 4 hours, 15 minutes on our mobile phones every day.