Evalution Liability Portfolio Ratio 
Coreaxis
MARCH 3, 2024
It helps in assessing the leverage and liquidity of a business, as lease liabilities can affect key financial ratios and debt covenants. The main principles include lease identification, lease classification, and recognition and measurement of lease liabilities.
Coreaxis
OCTOBER 31, 2023
This ensures that the accounting equation, which states that assets equal liabilities plus equity, remains in balance. This principle helps in evaluating the financial performance of the organization and making informed decisions. This analysis helps them make informed decisions about allocating resources and managing portfolios.
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