What is the difference between the web and the Internet? The web is only for crawlers; the Internet is for humans.
The Internet uses http protocol; the web is used for e-mail and instant messaging.
The Internet connects computers together globally; the web is a way of accessing information over the Internet.
The Internet utilizes browsers to access web pages; the web connects networks to other networks.

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?