You have been hired by Vinex to fill a new position to meet the demand of rapid growth in sales. It is your responsibility to coordinate shipments of finished goods from the factory
to distribution warehouses located in various parts of Vietnam so that goods will be
available as orders are received from customers. The company is unsure how to classify
your annual salary in the accounting book. Vinex’s cost analyst says that your salary
should be classified as product cost. Vinex’s controller says that it should be classified as
a selling expense. Vinex’s president says that it doesn’t matter which way your salary
cost is classified.
Required:
1. Which point of view is correct? Give your explanation for this.
2. From the point of view of the reported net operating income for the year, do you agree
with Vinex president’s statement “it doesn’t matter which way your salary cost is
classified”? Give explanation for your agreement or disagreement.

Reactive power generation has the following capital structure. its corporate tax rate is 40%. security market value required rate of return debt $ 30 million 4 % preferred stock 30 million 6 common stock 40 million 10 what is its wacc? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Concrete consulting co. has the following accounts in its ledger: cash; accounts receivable; supplies; office equipment; accounts payable; jason payne, capital; jason payne, drawing; fees earned; rent expense; advertising expense; utilities expense; miscellaneous expense. transactions oct. 1 paid rent for the month, $3,600. 3 paid advertising expense, $1,200. 5 paid cash for supplies, $750. 6 purchased office equipment on account, $8,000. 10 received cash from customers on account, $14,800. 15 paid creditors on account, $7,110. 27 paid cash for miscellaneous expenses, $400. 30 paid telephone bill (utility expense) for the month, $250. 31 fees earned and billed to customers for the month, $33,100. 31 paid electricity bill (utility expense) for the month, $1,050. 31 withdrew cash for personal use, $2,500. journalize the following selected transactions for october 2019 in a two-column journal. refer to the chart of accounts for exact wording of account titles

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?