Lead corporation established a new subsidiary and transferred to it assets with a cost of $90,000 and a book value of $75,000. the assets had a fair value of $100,000 at the time of transfer. the transfer will result in
a. a reduction of net assets reported by lead corporation of $90,000.b. a reduction of net assets reported by lead corporation of $75,000.c. no change in the reported net assets of lead corporation. d. an increase in the net assets reported by lead corporation of $25,000.

Juan has a retail business selling skateboard supplies he maintains large stockpiles of every item he sells in a warehouse on the outskirts of town he keeps finding that he has to reorder certain supplies all the time but others only once a year how can he solve this problem?

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howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?