Question: Question 2 ( 3 0 marks ) 2 . 1 The following information pertains to KWP investments' income statements for the year ended 3 1
Question marks The following information pertains to KWP investments' income statements for the year ended December and Income Statement for the year ended December and All sales are on credit Using the information provided above calculate the gross margin for KWP investments. Highlight any two reasons for the change in the gross margin. Calculate the debtor collection period for KWP Investments based on the given data. Comment on the change in the debtor collection period and how it can be improved if KWPs policy was days for debtor collection. Financial management aims to maximize wealth through effective financial decisionmaking. With the aid of examples, discuss any five specific goals of financial management?
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