Apportion: Difference between revisions
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imported>Doug Williamson m (Added more space so that calculations are clearer) |
imported>Doug Williamson (Align presentation of formula with qualifications material) |
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1. | 1. | ||
To allocate a money amount on a time basis. | To allocate a money amount on a time basis. | ||
For example | '''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: | 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: | ||
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One month period: | One month period: | ||
EUR 100,000 x 30/365 | EUR 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 | EUR 100,000 x 335 / 365 | ||
= EUR 91,781 | = EUR 91,781 | ||
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2. | 2. | ||
To allocate a money amount on any other systematic basis. | To allocate a money amount on any other systematic basis. | ||
For example, to allocate the total costs of a shared building on the basis of floor areas. | For example, to allocate the total costs of a shared building on the basis of floor areas. | ||
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3. | 3. | ||
To allocate any amount on a systematic basis. | To allocate any amount on a systematic basis. | ||
Revision as of 15:19, 14 March 2015
1.
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:
One month period:
EUR 100,000 x 30 / 365
= EUR 8,219
11 months period:
EUR 100,000 x 335 / 365
= EUR 91,781
(This is also known as 'time-apportionment'.)
2.
To allocate a money amount on any other systematic basis. For example, to allocate the total costs of a shared building on the basis of floor areas.
3.
To allocate any amount on a systematic basis.
