Question text
maxxam inc.'s third-quarter net income plummeted 87.3 percent, to $700,000, or 7...
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Mathematics, 13.09.2019 21:30 bbbbbbbbbbbb62
Question text
maxxam inc.'s third-quarter net income plummeted 87.3 percent, to $700,000, or 7 cents a share, from $5.5 million, or 58 cents, a year earlier, largely because of price weaknesses at its kaiser aluminum unit.”
find the percent decrease from 58¢ to 7¢, rounded to one decimal place.
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