The secretary of the Sri Melaka Golf Club has been approached by a well known international golfer who wishes to retire to the area. The proposal is that the club will purchase a house next to the golf course for RM500,000, and in addition, pay salary of RM25,000 per annum for five years for which the golfer will give tuition to members. The house will become the property of the golfer. The benets to the club will be increased membership and charging of higher subscriptions, particularly by local businesses. Estimated gures are as follows: Additional Subscription Additional Membership Income Ex - - uses 180 000 40 000 250 000 25 000 300,000 10,000 250,000 150,000 Ideally the club would like a 15% return on this investment