Let $S$ be the proposition that sales will go up,
$E$ the proposition that expenses will go up,
$H$ the proposition that the boss will be happy.
Suppose we are given that $P$ is true, where
$P = (S \wedge H) \vee (E \wedge \neg H)$.
With the stated definitions, it then is sound to say it is impossible that the
boss will be both happy and unhappy; $\neg(H \wedge \neg H)$.
But it is not sound to say that the boss's future happiness
controls both sales and expenses simultaneously.
Suppose the boss will be happy ($H$ is true); then $(E \wedge \neg H)$
is false and so $(S \wedge H)$ must be true. It follows that $S$ is true.
Suppose the boss will not be happy ($H$ is false); then $(S \wedge H)$
is false and so $(E \wedge \neg H)$ must be true. It follows that $E$ is true.
But observe: knowing that $H$ is true tells us nothing about the
truth or untruth of $E$. It tells us only about the truth of $S$.
On the other hand, knowing that $H$ is false tells us nothing about
the truth or untruth of $S$; it tells us only about the truth of $E$.
In other words, by knowing the truth value of $H$ you could make a conclusion
about $S$ or a conclusion about $E$, but not both.
In fact, if both sales will go up and expenses will go up,
that is, if $S \wedge E$,
then $P$ is satisfied regardless of the boss's future happiness.
Either $H$ is true, so $S \wedge H$ is true and $P$ likewise
is true because its first clause is true;
or $H$ is false, so $(E \wedge \neg H)$ is true and $P$ likewise
is true because its second clause is true.