MS-20. Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Mondelez balance sheet.

$ millions Dec. 31 , 2018 Dec.31, 2017 Cash and cash equivalents ............. . ........... . .. .. ..... . . $ 1,100 $ 761 Trade receivables (net of allowances of $40 at 2018 and $50 at 2017) . .. . 2,262 2,691 Other receivables (net of allowances of $47 at 2018 and $98 at 2017) . . . . 744 835 Inventories, net. ............................................. . 2,592 2,557 Other current assets .................... . .. . ... . . .. . .. . ... . . .. . 906 676 Total current assets .......................................... . $ 7,604 $ 7,520 Total assets ............ .. .. .. ...... .. . .. . .... .. . . ... . ... .. . . $62,729 $62,957

a. What is the common-size trade receivables, net, at year-end 2018?

i. 29.75% iii. 3.61 %

ii. 3.94% iv. 4.79%

b. What do Mondelez's customers owe the company at December 31, 2018 ($ millions)?

i. $2,262 iii. $2,222 ii. $2,302 iv. $3,006

c. What does Mondelez expect to collect from its customers as of December 31 , 2017 ($ millions)?
i. $2,691 iii. $2,641 ii. $2,741 iv. $3,526

d. What is the GROSS Receivables at year-end 2018 ($ millions)?
i. $2,302 iii. $3,006 ii. $3,093 iv. $2,919

e. What percentage of trade receivables does the company deem uncollectible as of year-end 2018?
i. 1.77% iii. 1.80%
ii. 3.85% iv. 1.74%
f Based on the analysis above, in which year does the company have higher quality trade receivables?
i. 201 8 ii. 2017