Exhibit 5-2
The following is an income statement from the financial records of Peace, Love and Joy Company for the year ended December 31, 2015: 
-Refer to Exhibit 5-2. Compute the gross profit margin for Peace, Love, and Joy Company.
Definitions:
Moral Idolization
The adulation or excessive admiration of a person or concept as embodying ideal moral standards or virtues.
Equality
The state of being equal in status, rights, or opportunities; an ideal of ensuring fairness and justice among individuals or groups.
Linking People
The process of connecting individuals or groups for the purpose of communication, collaboration, or community building.
Goods And Services
The output of economic activities that satisfy human wants; goods are tangible products, while services are intangible activities or benefits.
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