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What is the tax rate that the analyst has used

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Question - Luft Inc.'s inventory balance, which covers 100 days of sales, amounts to (10000. An analyst believes that the optimal level of inventory covers 75 days of sales. The analyst adjust Luft Inc.'s financial statements by recording an inventory write-down for all the inventory that is deemed excess inventory. This results is a negative effect of E2125 on Luft Inc.'s net income. Based on the information above, what is the tax rate that the analyst has used in adjusting Luft Inc.'s financial statements?

Reference no: EM133053960

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