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.
What do mbps and kbps mean? By default, Speedtest.net measures your connection speed in Mbps, meaning Megabits Per Second. Mbps is the ISP industry-standard, and we use it on Speedtest.net so you can easily compare your result to your broadband plan's speed. However, we offer four different options on your settings page: