Extinguishers can not be converted from one type to another. ABC dry chemical is acidic and BC dry chemicals are alkaline. They are chemically incompatible and dangerous pressures could build up, causing the cylinder to fail. Additionally, the fire fighting capacity of each of the BC dry chemicals is different.
DEFINITION of 'Fiscal Year-End'. The completion of a one-year, or 12-month, accounting period. A firm's fiscal year-end does not necessarily need to fall on December 31, and can actually fall on any day throughout the year. Next Up.
Tax Year. DEFINITION of 'Tax Year'. The period of time which is covered by a particular tax return. Many firms simply use the calendar year as their tax year, however this is not always required. When a firm begins or ends operations, it often needs to file a tax return for a shorter time period than a full 12 months.