Encik Hafiz is a Malaysian citizen worked as a government officer at Accountant General’s Department of Malaysia for the past 12 years. His top management had encouraged staff with more
than 10 years of services to pursue postgraduate study abroad especially in Australia. Following
this encouragement, 15 scholarships from the Ministry of Education were offered to eligible staff.
Encik Hafiz was among the successful candidates during the scholarship interview pursue his study
in Melbourne, Australia for 3 years commencing from 3 January 2017 until 31 December 2019.
Required:
Based on the provision of Income Tax Act (ITA) 1967, briefly explain whether Encik Hafiz is a
resident in Malaysia for the years of assessment 2017, 2018 and 2019.

Burke enterprises is considering a machine costing $30 billion that will result in initial after-tax cash savings of $3.7 billion at the end of the first year, and these savings will grow at a rate of 2 percent per year for 11 years. after 11 years, the company can sell the parts for $5 billion. burke has a target debt/equity ratio of 1.2, a beta of 1.79. you estimate that the return on the market is 7.5% and t-bills are currently yielding 2.5%. burke has two issuances of bonds outstanding. the first has 200,000 bonds trading at 98% of par, with coupons of 5%, face of $1000, and maturity of 5 years. the second has 500,000 bonds trading at par, with coupons of 7.5%, face of $1000, and maturity of 12 years. kate, the ceo, usually applies an adjustment factor to the discount rate of +2 for such highly innovative projects. should the company take on the project?

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

An economic theory that calls for workers to take control of factories is .