Apportion: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Align presentation of formula with qualifications material)
imported>Doug Williamson
m (Add category.)
 
(2 intermediate revisions by the same user not shown)
Line 3: Line 3:
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'''


One month period:
Total profits of EUR 100,000


EUR 100,000 x 30 / 365  
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
= EUR 8,219




11 months period:  
11-months period:


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


= EUR 91,781
= EUR 91,781
Line 26: Line 36:


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.


Line 31: Line 42:
3.  
3.  


To allocate any amount on a systematic basis.
To allocate any amount on any systematic basis.




== See also ==
== See also ==
* [[Time-apportion]]
* [[Time-apportion]]
[[Category:The_business_context]]
[[Category:Liquidity_management]]

Latest revision as of 14:57, 8 October 2020

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