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.
Mbps stands for megabits per second. and so goes on ... If your Internet speed from your ISP is 1Mbps it means you will be able to receive (download) 1024 kilobits amount of data per second. Note: Most softwares in your laptop show your download speed in MBps (megabytes per second).