Required: 1. According to the map, the average days to collect ranges from 23.83 to 53.88. Which location has the shortest average days to collect? Which location has the longest average days to collect? Is a lower or a higher number of days to collect better for Rare Finds? 2. Customers in Jacksonville, FL have an average number of days to collect of 36.5. Using this rate of collection, calculate the receivables turnover ratio for these customers. If the industry average receivables turnover is 9.5, do customers in Jacksonville, FL pay faster or slower than the industry average? 3. According to the map, does there seem to be a relationship between customer profitability and average days to collect? 4. If the entire receivable balance in Minneapolis, MN is attributable to one company, and management decides to write off the receivable balance because it is judged uncollectible, what effect will the write-off have on Rare Finds' Total Assets? On its Net Income? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Customers in Jacksonville, FL have an average number of days to collect of 36.5. Using this rate of collection, calculate the receivables turnover ratio for these customers. If the industry average receivables turnover is 9.5, do customers in Jacksonville, FL pay faster or slower than the industry average? Average Receivables Turnover in Jacksonville, FL 11,000 times Customers in Jacksonville, FL pay Master than the industry average North Dakota Spith Dakota Minnesota Ontario Wisconsin Michigan lowa United States Colorado Missour New Mexico New Yo Pennsylvania Ohio Illinois Indiana West Kentucky City: State: Arkansas Mississipp Toxas louisiana 2022 Mapbox OpenStreetMap +ableau Tennesse Quebec Jacksonville FL Avg. Receivable Balance: $11,000 Avg. Days to Collect 36.50 Avg. GP Percentage Georgi Avg. Sales Revenue 55.00% $100,000 PC