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Dec. 31, Dec. 31, $ millions 2018 2017 Cash and cash equivalents $1,320 $913 Trade receivables* 2,714 3,229 Other receivables** 893 1,002 Inventories, net 3,110
Dec. 31, | Dec. 31, | |
---|---|---|
$ millions | 2018 | 2017 |
Cash and cash equivalents | $1,320 | $913 |
Trade receivables* | 2,714 | 3,229 |
Other receivables** | 893 | 1,002 |
Inventories, net | 3,110 | 3,068 |
Other current assets | 1,087 | 811 |
Total current assets | $9,124 | $9,023 |
Total assets | $75,275 | $75,548 |
* (net of allowances of $48 at 2018 and $60 at 2017) **(net of allowances of $56 at 2018 and $118 at 2017)
e. What percentage of trade receivables does the company deem uncollectible as of yearend 2018?
f. Based on the analysis above, in which year does the company have higher quality trade receivables?
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