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Focus on Problem Solving Exercises
A solution of ethanol in water has a volume of 54.2 mL and a mass of 49.6 g. What information would you need to look up and how would you determine the percentage of ethanol in this solution?

Comprehend the purpose and calculation of financial ratios, such as the current ratio.
Recognize the limitations and errors that can arise despite balancing work sheets.
Understand the key steps required by GASB Statement No. 68 for pension reporting.
Differentiate between various types of pension plans and the financial reporting requirements for each.

Definitions:

Impact

The influence or effect that something has on another thing.

Civil Penalties

Financial charges imposed by a governmental authority for violations of various legal requirements or regulations.

Clean Air Act

A significant United States federal law designed to control air pollution on a national level.

Mobile Sources

Objects or devices that emit pollutants and are capable of moving, such as cars, trucks, buses, and airplanes.

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