Time-apportion: Difference between revisions

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To allocate a money amount on a time basis.
To allocate a money amount on a time basis.


For example total profits of EUR 100,000 for a period of one year (365 days) consisting of a one month (30 days) period and an 11 months (335 days) period would be time-apportioned as follows:
 
'''Example'''
 
Total profits of EUR 100,000  
 
for a period of one year (365 days)  
 
consisting of a one month (30 days) period and  
 
an 11 months (335 days) period  
 
would be time-apportioned as follows:
 


One month period:  
One month period:  


EUR 100,000 x 30/365  
= 100,000 x 30 / 365  


= EUR 8,219
= EUR 8,219
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11 months period:  
11 months period:  


EUR 100,000 x 335/365  
= 100,000 x 335 / 365  


= EUR 91,781
= EUR 91,781

Revision as of 16:28, 18 March 2015

To allocate a money amount on a time basis.


Example

Total profits of EUR 100,000

for a period of one year (365 days)

consisting of a one month (30 days) period and

an 11 months (335 days) period

would be time-apportioned as follows:


One month period:

= 100,000 x 30 / 365

= EUR 8,219


11 months period:

= 100,000 x 335 / 365

= EUR 91,781


See also