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.
While the average amount of time spent watching TV and on computers has not changed much over the years, people are spending more time online on their phones. This year 61 percent of American cell phone owners were using smartphones up from 21 percent in 2010, according to Nielsen.