Posted: April 17th, 2017

You work for an international furniture company. Your company has customers in England, Mexico, Guatemala, and China. How would you evaluate the credit worthiness of firms in these countries?

You work for an international furniture company. Your company has customers in England, Mexico, Guatemala, and China. How would you evaluate the credit worthiness of firms in these countries? How does the credit risk differ between these countries? Would you sell to a company in these countries without a letter of credit? Explain why or why not.