On september 1 2016 sams shoe co issued 550000 of 10 bonds
On September 1, 2016, Sam's Shoe Co. issued $550,000 of 10% bonds. The bonds pay interest semiannually on January 1 and July 1 of each year. The bonds were sold at the face amount. How much cash did Sam's receive upon sale of the bonds.
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on september 1 2016 sams shoe co issued 550000 of 10 bonds the bonds pay interest semiannually on january 1 and july 1
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