Following is the current asset section from the Kraft Foods Croup, Inc., balance sheet. a. Compute the gross amount of accounts receivable for both 2012 and 2011. Compute the percentage of the allowance for uncollectible accounts relative to the gross amount of accounts receivable for each of those years. b. Compute the relative size of net accounts receivable to total assets; the latter were $23, 329 million and $21, 539 million for 2012 and 2011, respectively. Interpret the quality of Kraft's receivables for 2012 compared to 2011. (As additional background, net earnings attributable to the company were $1, 642 million and $1, 775 million for 2012 and 2011, respectively.) Evaluating Accounts Receivable Turnover for Competitors (LO1) The Procter & Gamble Company (PG) and Colgate-Palmolive Company (CL) report the following sales and accounts receivable balances ($ millions) for 2012 and 2011