Apportion: Difference between revisions

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imported>Doug Williamson
(Align presentation of formula with qualifications material)
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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'''


One month period:  
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:
 
<u>One-month period</u>:  


EUR 100,000 x 30 / 365  
EUR 100,000 x 30 / 365  
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11 months period:  
<u>11-months period</u>:


EUR 100,000 x 335 / 365  
EUR 100,000 x 335 / 365  
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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 any systematic basis.




== See also ==
== See also ==
* [[Time-apportion]]
* [[Time-apportion]]

Revision as of 13:24, 15 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:

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 any systematic basis.


See also