Having reached the last day of the month and hence the last day of the third quarter of the business year, it occurred to me that the way we divide the business year isn't quite right.
The first quarter, January-March, has 90 days (except in leap years, when it's 91); the second, April-June, has 91; the third, July-September, has 92; the fourth, October-December, has 92 as well. Now, those slight differences of one or two days may not matter, but why not simply divide 365 days by 4, giving a quarter of 91.25--or 91 each, with the extra four quarter days added to the last quarter to give extra time for calculating the year's numbers?
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