Definition of speculate for English Language Learners. : 1  to think about something and make guesses about it : to form ideas or theories about something usually when there are many things not known about it. : 2  to invest money in ways that could produce a large profit but that also involve a lot of risk.
140,637. To calculate the gross profit, we first add up the cost of goods sold: Automotive cost of sales ($123,516 m) + FS interest expenses ($2,699 m) + FS provision for credit and insurance loss ($305 m) = $126,520 m. We do not include Selling, administrative and other expenses, since these are mostly fixed costs.ross profit is expressed as a currency value, gross profit margin as a percentage. The formula for gross profit margin is: Gross profit margin = gross profit / revenue = (revenue-cost of goods sold) / revenue. Gross profit margins vary greatly by industry.
Step 2. Add the purchases to the beginning inventory to calculate the cost of goods available for sale. For example, if the beginning inventory is $1 million and purchases are another $1 million, the cost of goods available for sale is $2 million.he gross profit margin is the ratio of gross profit to sales, expressed as a percentage. Gross profit is the difference between sales and cost of goods sold, which means that cost of goods sold is the sum of sales and gross profit. Step 4.