The EBIT for the past year for kayla inc is 14402
What does EBIT mean?
EBIT is an acronym for earnings before interest and tax, in other words, the profit earned by the company before interest and tax payments
In essence, when computing EBIT we would disregard interest and taxes
EBIT=sales-cost of goods sold-selling and administrative expense-depreciation
sales=43847
cost of goods sold=14384
selling and administrative expense=10531
depreciation =4530
EBIT=43847-14384-10531-4530
EBIT=14402
Find out more about EBIT on:https://brainly.com/question/15448881
#SPJ1