In the case of the display equipment, the cost is $27,000, which includes the $26,500 sales price and the $500 cost of delivery. The delivery cost is included in the asset account because the equipment is not usable to the company unless it is delivered from the supplier.
Mbps (megabits per second) Megabits per second (Mbps) are a unit of measurement for bandwidth and throughput on a network. Each megabit is equal to 1 million bits. Mbps belongs to a family of metrics used to measure the capacity and speed of data transfer.
The capacity smaller than Mbps is kilobits per second (Kbps), with the prefix kilo representing 1,000 bits per second, and higher than Mbps are gigabits per second (Gbps), with the prefix giga indicating 1 billion bits per second. Using these metrics, 1,000 Mbps is equal to 1 Gbps.