Scuba View, Inc.
Federal Tax Return
Scuba View, Inc. is owned by Marc C. Fisher and his wife, Sylvia A. Fisher. The corporation
manufactures snorkel masks with built-in lighting systems used for general underwater lighting. When
cut on a special way
Income Tax Planning and
Stock Market Investing
The pre-class preparation for this session involves using information found on the Web to
answer a series of questions. Those questions, and the locations on the Web of the
answers, are listed below.
Summary of Selected Financial Ratios
(1) Debt Ratio
(2) Current Ratio
(3) Return on Sales
(4) Asset Turnover
(5) Return on Equity
Note: This material on the Balanced Scorecard is adapted from the writings of Professor
Monte Swain of the School of Accountancy at Brigham Young University.
On What SINGLE Measure Should a Pilot Focus?
Imagine that a friend of yours