Moles of ethanol:
\[
\text{Moles of ethanol} = \frac{\text{Mass}}{\text{Molar mass}} = \frac{46}{46} = 1 \, \text{mol}.
\]
Moles of water:
\[
\text{Moles of water} = \frac{54}{18} = 3 \, \text{mol}.
\]
Mole fraction of ethanol:
\[
\text{Mole fraction of ethanol} = \frac{\text{Moles of ethanol}}{\text{Total moles}} = \frac{1}{1+3} = 0.25.
\]
Mole fraction of water:
\[
\text{Mole fraction of water} = 1 - 0.25 = 0.75.
\]