Comtek limited has an order to sell 50,000 central processing units (cpus) to brazil, but the brazilian government stipulated that 35 percent of the component parts of those cpus must be produced in brazil. this stipulation is an example of a(n)a. antidumping policy. b. quota rent. c. local content requirement. d. voluntary export restraint. e. import quot

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?