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.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times