Exercise T5-6 (Part Level Submission) Corley Communications performed a customer profitability analysis and obtained the following results for its bottom five customers: Customer Albert Brown Carter Dyson English Sales $ 525,000 $1,200,000 $1,400,000 $ 600,000 $ 460,000 Customer Customer Net Profit Profit Margin $9,450 1.80% $16,800 1.40% $5,600 0.40% ($1,500) (0.25%) ($4,140) (0.90%) Chris Corley, vice president for marketing, believes that if these five customers are dropped, the selling expenses required to serve them will be eliminated Company revenues total $18,000,000; the current average customer profit margin is 7.2%, and net income is $400,000. Attempts: 1 of 3 used (b) Calculate average customer profit margin after dropping all five customers. (Round answer to 2 decimal places, e.g. 15.25%.) Average customer profit margin Click if you would like to show Work for this question: Open Show Work bu CUEIL