Which one of the following is true about risk and return? a) riskier assets will, on average, earn lower returns. b) the reward for bearing risk is known as the standard deviation. c) based on historical data, there is no reward for bearing risk. d) an increase in the risk of an investment will result in a decreased risk premium. e) in general, the higher the expected return, the higher the risk.

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?