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.
For example, today's children and teens spend more than 14 hours a week watching televisionalmost as much time as children did 20 years ago. They spend 2.75 hours a week using home computersa category of time-use that didn't exist in the early 1980s.