Business, 11.12.2019 22:31 yanaalbury

On december 20, 2017, butanta company (a u. s. company headquartered in miami, florida) sold parts to a foreign customer at a price of 85,000 ostras. payment is received on january 10, 2018. currency exchange rates for 1 ostra are as follows: december 20, 2017 $ 1.18 december 31, 2017 1.15 january 10, 2018 1.11 how does the fluctuation in exchange rates affect butanta's 2017 income statement

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On december 20, 2017, butanta company (a u. s. company headquartered in miami, florida) sold parts t...