Encrypt the Message WATCH OUT Using Blocks of Four Letters $\sigma ( 1 ) = 3 , \sigma ( 2 ) = 4 , \sigma ( 3 ) = 2 ,$

question 108

Short Answer

Encrypt the message WATCH OUT using blocks of four letters and the transposition cipher based on the permutation of {1,2,3,4} with $\sigma ( 1 ) = 3 , \sigma ( 2 ) = 4 , \sigma ( 3 ) = 2 ,$ and $\sigma ( 4 ) = 1$ .

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Definitions:

Sale of Equipment

This transaction involves disposing of business equipment, typically recorded as a gain or loss in the financial statements, depending on the sale price versus book value.

Common Stock

A type of equity ownership in a corporation, with voting rights and potential dividends, that takes last priority in asset distribution upon liquidation.

Purchase of Equipment

The act of acquiring equipment for business operations, typically considered a capital expenditure.

Comparative Balance Sheet

Financial statements that display a company’s financial position at different points in time, side by side, to facilitate comparison.