Concept:
An \(N\)-flip-flop binary counter can generate
\[
2^N
\]
distinct states.
Step 1: Determine states.
For \(N\) flip-flops,
\[
\text{States}=2^N.
\]
Step 2: Determine flip-flops required.
A modulo-\(2^N\) counter requires exactly
\[
N
\]
flip-flops.
Step 3: Final answer.
\[
\boxed{2^N\text{ states and }N\text{ flip-flops}}
\]
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