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.
A) 18.00%
B) 25.00%
C) 20.64%
D) 21.64%

Question

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.
A) 18.00% 
B) 25.00% 
C) 20.64% 
D) 21.64%

Quizplus · Accepted Answer

The Answer of 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.
A) 18.00% 
B) 25.00% 
C) 20.64% 
D) 21.64%

Exhibit 5-2 The Following Is an Income Statement from the Financial Records