Managers at Xerox displayed very little interest in a new Internet technology that internal scientists at Xerox's PARC division had developed. However, several years later, when an external company developed a similar technology, Xerox, which was considering acquiring the company, responded favorably to the technology idea. This situation is an example of managers prioritizing a(n):

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?