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Problem - Coral Cleaners Ltd reported the following information in the shareholders' equity section of its 30 June 2013, statement of financial position.
7% cumulative, non-participating preferred share (500 shares) $50 000
Ordinary share, 100 000 shares $625 000
Retained earnings $825 000
If Coral Cleaners Ltd repurchased 500 ordinary shares for $20 per share, what is the amount of total shareholders' equity after this transaction?
A. $1 500 000
B. $1 490 000
C. $1 510 000
D. $1 494 000
A 2,000-bit message is used to generate a 256-bit hash. One the average, how many other messages could be expected to generate the same hash value? What does this tell us about the length of a hash as compared to the length of the message?
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