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This excerpt taken from the WEN 10-K filed Feb 29, 2008. Treasury Stock
Common
stock held in treasury is stated at cost. The cost of issuances of
shares from treasury stock is determined at average cost.
Costs
of Business Acquisitions
The
Company defers any costs incurred relating to the pursuit of business
acquisitions while the potential acquisition process is ongoing. If
the acquisition is successful, such costs are then included as a component of
the purchase price of the acquired entity. Whenever the Company
decides it will no longer pursue a potential acquisition, any related deferred
costs are expensed at that time. During December
2007, the FASB issued SFAS No. 141 (revised 2007), “Business
Combinations” (“SFAS 141(R)”), which requires that, subsequent to the adoption
date of the standard, all such costs are to be expensed when
incurred. SFAS 141(R) applies prospectively to the Company’s business
combinations occurring after December 28, 2008.
This excerpt taken from the WEN 10-K filed Mar 1, 2007. Treasury Stock Common stock held in treasury is stated at cost. The cost of issuances of shares from treasury stock is determined at average cost. This excerpt taken from the WEN 10-K filed Apr 3, 2006. Treasury Stock Common stock held in treasury is stated at cost. The cost of issuances of shares from treasury stock is determined at average cost. | EXCERPTS ON THIS PAGE:
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