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M5-20. Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Mondelez balance sheet $ millions 2015 2014 Cash and cash

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M5-20. Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Mondelez balance sheet $ millions 2015 2014 Cash and cash equivalents . . . . . . . . .. . .. . . . . . . . . . . . . . . . . . .. $1,870$ 1,631 Trade receivables (net of allowances of $54 at 2015 and $66 at 2014)._ . . . . . . 2,634 3,802 Other receivables (net of allowances of $109 at 2015 and $91 at 2014). .. .. 1,212 949 Inventories, net. Other current assets. 1,408 a. Compute the gross amount of trade receivable for both 2015 and 2014. Compute the percentage of the allowance for uncollectible trade relative to the gross amount of trade receivable for each of those years. b. Compute the relative size of net trade receivable to total assets; the latter were S62,843 million and S66,771 million for 2015 and 2014, respectively. Interpret the quality of Mondelez's receivables for 2015 compared with 2014

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