A proposed bridge on the interstate highway system is being considered at the cost of $2 million. It is expected that the bridge will last 20 years. The federal and state governments will pay these construction costs. Operation and maintenance costs are estimated to be $180,000 per year. Benefits to the public are estimated to be $ 833,723 per year. The building of the bridge will result in an estimated cost of $ 251,226 per year to the general public. The project requires a 10% return. Determine the B/C ratio for the project. Consider the $ 251,226 cost to general public a disbenefit (negative benefit).

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?