Impact of Exchange Rate on Foreign Currency Transactions

ABC Corporation is a U.S.-based manufacturer that sells products to various international markets. In December 2023, ABC engages in a transaction where it sells goods to a customer in France for €100,000. The exchange rate at the time of the transaction is 1.10 USD/EUR. At the end of January 2024, when the payment is received, the exchange rate has changed to 1.20 USD/EUR. ABC Corporation recognizes a foreign currency transaction gain or loss when the payment is received. What is the impact on ABC's earnings due to the change in the exchange rate?