ARRForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › ARRThis topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts October 10, 2016 at 7:40 pm #342918 fazeel93MemberTopics: 71Replies: 49☆☆why in the ARR formula initial investment + scrap+ working capital is divided by 2 and not 3 when they are 3 things? October 11, 2016 at 1:49 am #342948 John MoffatKeymasterTopics: 56Replies: 53806☆☆☆☆☆I have no idea what you mean. The initial investment is never divided by anything!!!The average investment is the investment at the start plus the investment at the end, divided by 2 to get the average.I do suggest that you watch my free lectures – they are a complete course for Paper F9 and cover everything needed to be able to pass Paper F9 well.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