Business, 25.02.2020 17:33 j015

"On December 20, 2017, Butanta Company (a U. S. company headquartered in Miami, Florida) sold parts to a foreign customer at a price of 30,000 ostras. Payment is received on January 10, 2018. Currency exchange rates for 1 ostra are as follows:December 20, 2017 $ 1.06December 31, 2017 1.03January 10, 2018 0.99"
How does the fluctuation in exchange rates affect Butanta’s 2015 income statement?

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