Question

Question 4

Josie is a sales representative for Talk2Me, a communications retailer based in Fort Smith, Arkansas. Josie’s sales territory is Oklahoma, and she regularly takes day trips to Tulsa to meet with customers. During a typical sales call, Josie takes the customers’ current orders for phones, cases, and attachments and, using an app on her wireless phone, sends the orders to headquarters in Fort Smith for immediate action. Approved orders are shipped from the Little Rock warehouse. Are Josie’s sales subject to the Oklahoma corporate income tax? Explain.

Question 5

LO.2Continue with the facts of Question 4. CheapPhones, one of Josie’s customers who is facing tight cash-flow problems, wants to return about 100 defective cell phones. Talk2Me tells Josie to bring the phones back to headquarters. Fearing that she will lose CheapPhones as a customer if she does not comply with the request, Josie says, “Let me save you the time and cost of packing and shipping the defective phones. Put them in the trunk of my car, and I’ll take them back.” Does Josie’s action change the answer to Question 4? Why or why not?

Answer 1

Question no. 4 Solution :- Note:- Meaning of Grporate tax :- or Cooparate ncome tase leavied Corporate taa is earhed ky ton fncome 4he on compinies the Ouestions given phones delivered arders and capproved to customers it booked 9re on aders it are attracts ndirect but also which will on on its earnings kefore Income taxes Corparate ke chagable annully attracts mcome tax tatal earnings on Conclusion :- So, Josie's 2ales sukject o mceme tax annully- the oklahoma Corporate %24 LO0.2 :- If we only takı cheap phones will not atract Corpoate Comporate mcome taa earning betore customer then mcome it tax becaue levied taxx nterest is and this situation tax and m. sold order before ntereatt and being seeturned earning by So. the End taxes becomes Zero. by offering 1osie to Caustomes) she Cn make Scheme new cheap phones' will not loee him. Sure he