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 operating margin for Peace, Love, and Joy Company.
Definitions:
Reagan Years
The era in United States history marked by the presidency of Ronald Reagan, from 1981 to 1989, known for conservative policies, economic reforms, and the end of the Cold War.
First Woman
The pioneering female in a particular field or the first to achieve a significant milestone.
United States Supreme Court
The highest court in the United States, which has ultimate appellate jurisdiction over all federal and state court cases that involve a point of constitutional or federal law.
Sandra Day O'Connor
The first woman appointed to the United States Supreme Court, serving from 1981 to 2006.
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