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.
Peter Cade/Photodisc/Getty Images. Definition: The data rate of a computer network connection is normally measured in units of bits per second (bps) . Network equipment makers typically rate their products using related, larger units of Kbps, Mbps and Gbps.1  one kilobit per second (Kbps) equals 1000 bits per second (bps) . one kilobit per second (Kbps) equals 1000 bits per second (bps) . ( 2 Note: Kbps is sometimes also written as âkbpsâ - both carry the same meaning.). 3  one megabit per second (Mbps) equals 1000 Kbps or one million bps. 4  one gigabit per second (Gbps) equals 1000 Mbps or one million Kbps or one billion bps.