Burger King Holdings, Inc., the operator and franchisor of Burger King restaurants, reported the following information about

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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:


Burger King Holdings, Inc., the operator and franchisor of Burge


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?

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Financial Accounting

ISBN: 978-1133952428

12th Edition

Authors: Warren, Reeve, Duchac

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