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 5. Subtract the cost of goods sold from the cost of goods available for sale to estimate the ending inventory. This is the lost inventory if the catastrophe has caused extensive damage to your warehouse and you have to replace the entire inventory.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.