1. Below is the current asset section from the Mondelz Balance Sheet:

$ millions	31 December, 2018	31 December, 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

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

1. 29.75%
2. 3.94%
3. 3.61%
4. 4.79%

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

1. $2,262
2. $2,302
3. $2,222
4. $3,006

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

1. $2,691
2. $2,741
3. $2,641
4. $3,526

What is the GROSS Receivables at year-end 2018 ($ millions)?

1. $2,302
2. $3,093
3. $3,006
4. $2,919

What percentage of trade receivables does the company deem uncollectible as of year-end 2018?

1. 1.77%
2. 3.85%
3. 1.80%
4. 1.74%

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

1. 2018
2. 2017