Should tangshan mining company accept a new project if the company's maximum payback is 3.5 years and the project's initial afterminustax cost is $5,000,000 followed by afterminustax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $700,000 in year 3, and $1,800,000 in year 4? a. no, since the payback period of the project is more than the maximum acceptable payback period. b. yes, since the risk exposure of the project is less than the maximum acceptable risk exposure. c. yes, since the payback period of the project is less than the maximum acceptable payback period. d. no, since the risk exposure of the project is more than the maximum acceptable risk exposure.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?