What would be the total notes payable on june

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Reference no: EM13533172

Burger King Holdings, Inc., the operator 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?

c. If Burger King did not issue additional notes payable during 2010, what would be the total notes payable on June 30, 2010?

Reference no: EM13533172

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