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Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Mondelez balance sheet. Dec. 31, Dec. 31, $ millions 2018 2017

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

Dec. 31, Dec. 31,
$ millions 2018 2017
Cash and cash equivalents $1,980 $1,370
Trade receivables* 4,072 4,844
Other receivables** 1,339 1,503
Inventories, net 4,666 4,603
Other current assets 1,631 1,217
Total current assets $13,688 $13,537
Total assets $112,912 $113,323

* (net of allowances of $72 at 2018 and $90 at 2017) **(net of allowances of $85 at 2018 and $176 at 2017) a. What is the commonsize trade receivables, net, at yearend 2018?

i. 29.75% Answer
ii. 15.94% Answer
iii. 3.61% Answer
iv. 3.54% Answer

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

i. $4,072 Answer
ii. $4,144 Answer
iii. $4,000 Answer
iv. $5,411 Answer

c. What does Mondelez expect to collect from its customers as of December 31, 2017 ($ millions)?

i. $4,844 Answer
ii. $4,934 Answer
iii. $4,754 Answer
iv. $6,347 Answer

d. What is the GROSS Receivables at yearend 2018 ($ millions)?

i. $4,144 Answer
ii. $5,568 Answer
iii. $5,411 Answer
iv. $5,339 Answer

e. What percentage of trade receivables does the company deem uncollectible as of yearend 2018?

i. 1.77% Answer
ii. 2.90% Answer
iii. 1.49% Answer

f. Based on the analysis above, in which year does the company have higher quality trade receivables?

i. 2018 Answer
ii. 2017 Answer

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