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.
Data speed refers to how fast data is transmitted to/from our equipment or device. It is usually measured in units of megabit per second (Mbps) or kilobit per second (kbps). 1 Mbps equals 1000 kbps. Downloading a song of 4 MB requires less than 40 seconds if the data speed is 1 Mbps.