MirrForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › MirrThis topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 30, 2016 at 3:56 am #313119 learner93MemberTopics: 16Replies: 51☆☆When there are unconventional cash flow say Yr1 -2000 Yr2 &3 3000 Yr4 -1000 How should we treat the yr 4 cash flow? As investment phase or return phase? In your course notes eg 3 treats it as investment phase but i thought it should be return phase? April 30, 2016 at 6:28 pm #313188 Ken GarrettKeymasterTopics: 10Replies: 10534☆☆☆☆☆It depends purely on the sign of the cash flow. All outflows are investment, all inflows are return.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In