Ex. 1 [2v] Consider you are the owner of a firm which acquired 150 units of merchandise X for 120 each. With this purchase you have also supported the transportation costs (1 500) and an insurance (500) to cover potential damages in the merchandise. You have sold 60 units of X @ 180 each and granted a cash discount of 15%. You have paid the transportation of the merchandise to the customer warehouse (300) Requests: a) Compute the Gross Margin b) Compute the EBIT