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.
A Dynamic Purchasing System (DPS) is an electronic system mainly used by a contracting authority to purchase commonly used goods, works or service within a limited duration.he buyer must usually evaluate a tender within 15 days of having received it and submit it to the Dynamic Purchasing System. This evaluation must include all tenders that match the specification. Once admitted, the supplier may improve a tender at any time but new providers can still join the DPS too.