Time-apportion: Difference between revisions
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== See also == | == See also == | ||
* [[Apportion]] | * [[Apportion]] | ||
[[Category:The_business_context]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 14:57, 8 October 2020
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
