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Ethanol, C2H5OH, is being promoted as a clean fuel and is used as an additive in many gasoline mixtures. Calculate the ΔH°rxn for the combustion of ethanol. (ΔH°f [C2H5OH(l) ] = -277.7 kJ/mol; ΔH°f [CO2(g) ] = -393.5 kJ/mol; ΔH°f [H2O(g) ] = -241.8 kJ/mol)
Quick Ratio
A liquidity metric that indicates a company's ability to cover its current liabilities without selling inventory, calculated as (cash plus marketable securities plus accounts receivable) divided by current liabilities.
Temporary Investments
Short-term investments that a company plans to convert into cash within a short period, typically one year or less.
Remote Contingent Liability
A potential financial obligation that is considered to be unlikely to occur; it is noted in financial statements as a footnote to provide full disclosure.
Accrual
A method of accounting that recognizes revenue and expenses when they are incurred, regardless of when cash transactions occur.
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