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.
Using the above data, in order to calculate the gross profit we need to subtract the cost of goods sold as well as the depreciation and amortization expenses. By calculating a company's gross profit, you can use the information to calculate the gross profit margin, which is equal to the gross profit divided by the revenue. This is a good way to determine how efficiently a company is producing its products compared to the rest of its industry, and to its own historical performance.