Question: What is the difference between regular cash and a cash equivalent? What are some examples of cash equivalents? What are some of the inventory methods

What is the difference between "regular" cash and a cash equivalent? What are some examples of cash equivalents? What are some of the inventory methods used to account for inventory on the balance sheet? How does the accounting method for inventory impact the financial statements? What is the difference between depreciation and impairment for tangible assets? What is the difference between tangible and intangible assets? Explain in detail.

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