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A company is offering a subscription service with a standard monthly price of US$200.

A company is offering a subscription service with a standard monthly price of US$200. The proration settings are as follows:

    Proration Period: Monthly

    Period Boundary: Align to Calendar

    Partial Periods Allowed: Yes

A customer begins their subscription on March 20, 2021, and ends it on December 31, 2021.

For the initial partial period (March 20–31), which formula should the consultant use to calculate the proration multiplier?

A.

Proration Multiplier = Number of remaining days in March / Total number of days in March

B.

Proration Multiplier = Number of days used in March / Total number of days in March

C.

Proration Multiplier = Number of days used in a year / Total number of days in a year

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