Business, 13.04.2021 01:00 holman6884

On December 20, 2017, Butanta Company (a U. S. company headquartered in Miami, Florida) sold parts to a foreign customer at a price of 125,000 ostras. Payment is received on January 10, 2018. Currency exchange rates for 1 ostra are as follows: December 20, 2017$1.22December 31, 2017 1.19January 10, 2018 1.15 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...