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Salem Corporation uses calendar year as its financial and tax annual accounting period. Management, as the seasonality of sales, wishes to change to fiscal year beginning April 1st through March 31st. You have been asked to review tax law criteria for making change. Write down the memo (750-1,000) to CFO indicating outcome of such change on current taxes and outlining requirements for making this change.
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This assignment related to business law.
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Explain Valid contracts and banking relationships and What are the elements of a valid contract and how do consumers and banks each have a duty of good faith
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