Time-apportion: Difference between revisions
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To allocate a money amount on a time basis. | 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: | One month period: | ||
= 100,000 x 30 / 365 | |||
= EUR 8,219 | = EUR 8,219 | ||
| Line 12: | Line 24: | ||
11 months period: | 11 months period: | ||
= 100,000 x 335 / 365 | |||
= EUR 91,781 | = EUR 91,781 | ||
Revision as of 16:28, 18 March 2015
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
