Efficiency Does CEB manage efficiently its working capital (current assets and current liabilities)? (Justify using cash conversion cycle).When comparing the two companies, which between the two is more efficient? CEBU PACIFIC AIR.COMInformation in this page will become available upon submission of the Company of its latest financial statements. To view previous financialstatements of the Company, kindly proceed to the Company's page in the PSE Main website (http://www.pse.com.ph).Cebu Air, Inc.▸ AnnualFor the fiscal year ended: Dec 31, 2022Currency (and units, if applicable): Php▪ Balance SheetItemCurrent AssetsTotal AssetsCurrent LiabilitiesTotal LiabilitiesRetained Earnings/(Deficit)Stockholders' EquityStockholders' Equity - ParentBook Value Per Share- Income StatementItemGross RevenueGross ExpenseIncome/(Loss) Before TaxNet Income/(Loss) After TaxNet Income/(Loss) Attributable toParentEarnings/(Loss) Per Share(Basic)Earnings/(Loss) Per Share(Diluted)Current YearCurrent Year29,794,991,505147,155,862,47243,809,200,632150,041,005,036-24,188,744,799-2,885,142,564-3,316,420,957-26.0456,751,365,85968,180,215,616-16,228,362,889-13,979,387,118-13,979,387,118-23.89-23.89Previous YearPrevious Year26,326,925,128138,253,761,32535,406,169,941127,644,016,112-10,209,357,68110,609,745,21310,130,576,451-3.2115,740,756,85638,898,615,476-26,926,561,308-24,898,602,887-24,898,602,887-42.13-42.13 PAL Holdings, Inc.Information in this page will become available upon submission of the Company of its latest financial statements. To view previous financialstatements of the Company, kindly proceed to the Company's page in the PSE Main website (http://www.pse.com.ph).▸ AnnualFor the fiscal year ended: Dec 31, 2022Currency (and units, if applicable): In Thousand Php.Balance SheetItemCurrent AssetsTotal AssetsCurrent LiabilitiesTotal LiabilitiesRetained Earnings/(Deficit)Stockholders' EquityStockholders' Equity - ParentBook Value Per Share. Income StatementItemGross RevenueGross ExpenseIncome/(Loss) Before TaxNet Income/(Loss) After TaxNet Income/(Loss) Attributable toParentEarnings/(Loss) Per Share(Basic)Earnings/(Loss) Per Share(Diluted)QuarterlyCurrent YearCurrent Year72,376,268206,036,92382,628,617193,214,040-21,551,14312.822,8831,748,5851.31139,238,085121,934,91810,572,20010,358,7648,164,4710.700.70Previous YearPrevious Year59,322,799193,846,55470,465,490192,156,928-29,788,3071,689,626-7,032,7930.1758,700,71162,797,81653,713,09360,611,47559,089,9675.095.09

The management of the working capital is very essential required to be maintained as everything is…

Does CEB manage efficiently its working capital (current assets and current liabilities)? (Justify using cash conversion cycle). When comparing the two companies, which between the two is more efficient?

Does CEB manage efficiently its working capital (current assets and current liabilities)? (Justify using cash conversion cycle). When comparing the two companies, which between the two is more efficient?

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter3: The Basics Of Record Keeping And Financial Statement Preparation: Income Statement

Section: Chapter Questions

Problem 20P

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