How much did the total current liabilities


Burger King Holdings Inc, the operatior and franchisor of Burger King restaurants, reported the following information about its long-term debt in the notes to a recent financial statement: Long term debt is comprised of the following: June 30 2009 2008 Notes payable $823,100,000 $876,200,000 Less current portion (67,500,000) (7,400,000) ___Long-term debt $755,600,000 $868,800,000 a. How much of the notes payable was disclosed as a current liability on the June 30,2009, balance sheet? b. How much did the total current liabilities change between 2008 and 2009 as a result of the current portion of long-term debt? a. If Burger King did not issue additional notes payable during 32010, what would be the total notes payable on June 30, 2010.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How much did the total current liabilities
Reference No:- TGS0554940

Expected delivery within 24 Hours