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.
To determine gross profit a company takes its total revenue and subtracts cost of goods sold. Using the ice cream parlor example, if the business had total annual revenue of $200,000 and CoGS of $75,000, then the company has a gross margin of $125,000. Typically gross margin gets displayed as a percentage.arkup Vs. Companies use markup to determine selling price, which helps determine gross margin. catenaccio image by Satan from Fotolia.com. Most companies mark up their products or services to determine the selling price.