Seybert systems accounts for its investment in wang engineering as available for sale. seybert's balance in accumulated other comprehensive income with respect to the wang investment is a credit balance of $30,000, and seybert reports the investment at $150,000 on its balance sheet. seybert purchased the wang investment for (ignore taxes):

$120,000.00

Explanation:

In this particular case since we are ignoring tax and There is a  c credit balance. It simply means that the stock is increased in value by $30,000.So that the stock was purchased at  $150,000-$30,000 = $120,000.00

i guess you could put raise the economic balance

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.