In late 1985, Donald Trump, the New York real estate developer, unveiled a plan to build the

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In late 1985, Donald Trump, the New York real estate developer, unveiled a plan to build the tallest building in the world on Manhattan's West Side as the centerpiece of a commercial and residential complex to be known as Television City. He bought the land in 1981 for only $81 million. By 1985, its estimated value was $2 billion. "I can do things that no one else can do because I got the land so cheap," said Trump. The Donald is (was?) very rich, but is he correct?
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Cost Accounting Foundations and Evolutions

ISBN: 978-1111971724

9th edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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