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Discuss the critical factors that affect Employee Morale.
Book Value
The net value of a company's assets minus its liabilities, as reported on the balance sheet, often used to assess a company's worth.
Balance Sheet
A report that outlines the assets, liabilities, and owners' equity of a business at a certain moment, offering an overview of its financial health.
Office Supplies
Items used in offices for daily operations, like stationery, paper, and other consumables.
Salaries Accrued
Salaries that have been earned by employees but have not yet been paid by the company, representing a liability on the balance sheet.