Apportion: Difference between revisions

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'''Example'''
'''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  


<u>One-month period</u>:
for a period of one year (365 days)


EUR 100,000 x 30 / 365  
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
= EUR 8,219




<u>11-months period</u>:
11-months period:


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


= EUR 91,781
= EUR 91,781

Revision as of 16:30, 18 March 2015

1.

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

(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 any systematic basis.


See also