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:
Ribosomal RNA
A type of RNA which, along with proteins, forms the structure of ribosomes and plays a role in the translation of mRNA into proteins.
DNA Molecule
The carrier of genetic information in living organisms and viruses, composed of two long strands forming a double helix.
mRNA Molecule
A molecule of RNA that encodes a chemical blueprint for a protein product.
Nucleotide Sequence
The order of nucleotides in a DNA or RNA molecule, determining the genetic information carried by that molecule.
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