Steve gave 75$ to his mom out of the 125$ he earned by raking leaves and mowing lawns. It is 60% of his income.
What is money?A system of value called money makes it easier for people to exchange products in an economy. Using money allows buyers and sellers to pay less in transaction fees than bartering would. Commodities served as the initial forms of money. They were sought after as a medium of exchange because of their physical qualities.
Why is money such a big deal?Money allows us to buy food, housing, and healthcare, which satisfies our basic needs. It is imperative that we meet these needs; otherwise, both our individual wellbeing and the wellbeing of the community as a whole suffer greatly.
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What might happen to a sponsor if a sport entity started losing all of its games?.
A sponsor could leave if a performer becomes too dependent on them. Some sponsorships, like those involving alcohol, give sports a poor reputation.
How does sponsorship impact athletics?A sponsor may stop supporting a performer if they realize they are dependent on them. Some forms of sponsorship, like those involving alc-ohol, harm sports. Only the top few can afford big sponsorship. The sponsor may manipulate or take advantage of performers, teams, and events.
What are the drawbacks to sponsorship?There are two sorts of potentially harmful consequences for properties that may be associated with sponsorship funding: operational risk and reputational risk. Sponsorship funding has been a staple source of earnings for many sporting events.
Why do sponsors matter so much in the games?A huge event can maximize its potential with the help of sponsorship, which offers the necessary funds and/or advertising.
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according to purchasing-power parity, if the same basket of goods costs $100 in the u.s. and 50 pounds in britain, then what is the nominal exchange rate?
The nominal exchange rate 1/2 pound per dollar.
nominal exchange rate = 50 pounds/ 100 dollor
= 1/2 pound per dollar.
The nominal exchange rate is the quantity of domestic foreign money had to purchase foreign forex. In economics, the NEER is a trademark of a country's international competitiveness in phrases of the foreign exchange (foreign exchange) market.
Alternate rates are determined by elements, along with interest fees, confidence, the cutting-edge account on balance of payments, monetary increase and relative inflation fees.
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a pension fund manager is considering three mutual funds. the first is a stock fund, the second is a long-term government and corporate bond fund, and the third is t-bill money market fund that yields a sure rate of 3%. the correlation between the risky fund returns is 0.2. the probability distributions of the risky funds are:
The probability distributions of the risky funds are 0.5934.
What is probability distribution?In probability theory and statistics, a probability distribution is a mathematical function that computes the chances that various possible outcomes of an experiment will occur. It is a mathematical explanation of a random event, including its sample space and event probability (subsets of the sample space). If X, for example, stands for the result of a coin flip, then the probability distribution of X would be 0.5 for X = heads and 0.5 for X = tails (assuming that the coin is fair). Examples of random occurrences include the weather on a specific date in the future, the height of a randomly chosen individual, the percentage of male pupils in a school, the outcomes of an upcoming survey, etc.
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How do you promote an event with no money?.
Promoting an event with no money could be done by focussing on pre- event preparation and brand creation.
How do you promote an event without money?Utilize social media: Take into account adopting a specialty or specialized segmentation so members of a sector or demography can check your calendar for activities they are confident they will appreciate.Having a blogger as a friend : Make as many friends as you can with bloggers, social media ambassadors, and influencers. If they are essential to your low-cost event promotion, they will aid you in spreading the word if they know, like, and trust you.Seek media support: If you host newsworthy events, getting to know these people will be helpful to you in your event promotion as well. Don't forget writers for periodicals, travel websites, or anything else relevant to the activities you host and they would contribute on a large scale for your brand creation.To learn more about brand creation, refer:
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ikea offers the same products in every market. this indicates that ikea has followed a(n) strategy. multiple choice question. transnational local multidomestic international
By include the customer in the process and establishing a two-way value system between customers, suppliers, and the corporate headquarters, IKEA has revolutionized the value chain approach. The client is a supplier of time, labor, information, and knowledge in this global sourcing strategy.
The IKEA method of making customers go through various departments before checking out won't cause any issues as long as the company can give value and differentiation through quality, cost, and new ideas.
Additionally, as customers walk through the various departments, they will be exposed to new products and become more aware of the level of quality found in other goods. Increased sales will ensue, which will be advantageous to both the customer and the business.
In order to keep customers interested in frequenting IKEA stores, IKEA must ensure that quality is maintained, traffic across the various departments is low, and it is comfortable for customers to move through.
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which type of business would be the most likely to see food sales suffer as a result of inflation and rising costs and consumer's' desire to save money?
An upscale steakhouse would be the type of business most likely to see food sales suffer as a result of inflation and rising costs and consumer's' desire to save money.
Generally found in North America, a steakhouse, steak house, or chophouse is a restaurant that specialises in steaks and chops. Additionally to steak, contemporary steakhouses may also provide other meats such as poultry, roast prime rib, veal, as well as fish and other shellfish.
The steakhouse emerged from conventional inns and bars in the middle of the 19th century in the United States.
Steakhouses can be upscale, formal, or casual dining establishments.
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the cpi in the united states was 245.1 in 2017 and 251.1 in 2018. what was the inflation rate in 2018? (please round your answer to two decimal places.)
The inflation rate in 2018 was 2.45%.
The inflation rate is a unit used to assess how much prices of specific goods and services have generally increased over a given time period. The rate of inflation is sometimes expressed as a percentage and can indicate a decline in the purchasing power or value of a nation's currency.
The consumer price index, which tracks changes in retail prices for goods and services, is used to calculate the inflation rate. The inflation rate is a measure of how much prices of consumer goods have changed or decreased over time.
Inflation rate = (Current year CPI - Previous year CPI)/ Previous year CPI * 100
We have been given previous year CPI as 245.1 and current year CPI as 251.1, so we will put it in formula and find inflation rate
Inflation rate = (251.1 - 245.1)/245.1 *100
= 6/245.1 * 100
= 0.02447 * 100
= 2.447%
= 2.45%
The inflation rate in 21018 is 2.45%.
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what are some potential environmental issue(s) of having a golf course, businesses (i.e. walmart, gas stations), and houses and apartments near the celery bog?
Environmental problems like global warming, acid rain, air pollution, urban sprawl, waste disposal, ozone layer depletion, water pollution, climate change, and many more affect every human, animal, and nation on this planet.
Major current environmental issues may include climate change, pollution, environmental decline, and resource reduction. The conservation movement lobbies for the protection of exposed species and protection of any ecologically precious natural areas, genetically modified foods and global warming.
The list of issues girding our terrain go on, but there are three major bones that affect the maturity of the overall global warming and climate change; water pollution and ocean acidification; and loss of biodiversity.Climate change is the big environmental problem that humanity will face over the coming decade, but it is not the only one. We will take a look at some of them — from water deaths and loss of biodiversity to waste operation — and bandy the challenges we've ahead of us.Learn more about Environmental problems here: https://brainly.com/question/1888324
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at erickson engineering, employees work 40 hours per week. instead of a normal 5-day work week, they complete their hours in 4 days, such that they work 10 hours per day. this is called a:
Employees at Erickson engineering put in 40 hours per week. They finish their hours in 4 days as opposed to the typical 5 days, averaging 10 hours per day. Having a compressed workweek means this.
A compressed workweek is what?An individual who works a compressed schedule can complete a standard 35–40 hour workweek in fewer than five working days. A full-time worker, for instance, could work four 10-hour days as opposed to five 8-hour days.
What benefits and drawbacks come with a reduced workweek?The benefits and drawbacks of a reduced work week
Employees are able to achieve a better work/life balance with an extra day off.The worker keeps their entire salary and benefits.reduced costs and travel time.increased productivity and fewer interruptions outside of usual business hours.The importance of a reduced work weekEmployees can take personal responsibility for managing their time and become their own efficiency experts thanks to the condensed workweek. This efficiency frequently results in fewer time-wasting activities like meetings, shorter breaks, and less time spent on social media.
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a(n) coordinates successive stages of production and distribution through the size and power of one of the parties.
A VMS coordinates successive stages of production and distribution through the size and power of one of the parties.
A vertical marketing system called VMS exists to coordinate the various stages of manufacturing and distribution based on the size and influence of one of the parties. One channel member is big and strong enough to direct the actions of the other members without having any ownership stake. All parties engaged in the channelization of a business can be better managed by a corporation using a managed system with effective control—VMS.
A VMS that manages subsequent production and distribution stages based on the size and influence of one party rather than on shared ownership.
Ownership denotes a reality or status over property, which may be any thing, material or intangible, by legal ownership and control.
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if net operating income is $39,000, average operating assets are $351,000, and the minimum required rate of return is 10%, what is the residual income?
Net operating income is equal to 351000×10%= 35100. Residual income is 39000-351002 = 3900.
Residual revenue is the money that continues to flow in after an initial time and resource investment has been made. Some examples of residual income are artist royalties, rental income, interest income, and dividend payments.
By figuring out the residual income, businesses can allocate resources among investments more efficiently. A high RI shows that the company has excelled its required minimum rate of return. On the other hand, a negative RI means that the rate of return was lower than anticipated..
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a written explanation of the responsibilities of the producer in the event the product is found to be defective or otherwise unsatisfactory is called a(n)
An express warranty is a statement in writing that outlines the producer's obligations in the event that the product is found to be flawed or unsatisfactory in some other way.
An express warranty is what?A seller's promise to repair or replace a flawed good, component, or service within a predetermined time after the product or service was purchased is known as an express warranty. These assurances or pledges are relied upon by buyers, who occasionally buy products as a result. There are numerous ways to word an explicit warranty.
It might read something like this: "We offer a one-year construction flaw guarantee on all of our furniture. We will fix or replace a structural flaw when it is brought to our attention." The majority of express warranties are provided by the manufacturer or are spelled out in the seller's agreement. They can also be produced by a straightforward claim made in an advertisement or on a business sign.
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Suppose that Joe and Tom have a contract to sell land. Joe promises to sell the land to Tom in 30 days. Four days before the closing, Tom learns that Joe is intending to sell the land to Bruce for a higher price. Tom comes to you for advice, with the clear understanding that he wants to STOP the sale. In that case you advise him that neither _______ nor _______ are adequate remedies but that ________ might work.
Tom learns that Joe is intending to sell the land to Bruce for a higher price. Tom comes to you for advice, with the clear understanding that he wants to STOP the sale. In that case, you advise him that neither money damages nor specific performance is an adequate remedy but that injunctive relief might work.
A transaction between the patron and the retailer in which the dealer sells indefinite or concrete merchandise, property, or aids against services is known as a sale. Sale is accomplished between two or more bodies.
Injunctive relief, also known as a decree, is a remedy that restrains a body from achieving sure acts or demands a person who takes part in an activity act in a certain habit. The purpose of this form of Injunctive relief search is to halt future wrongs. Such orders, when circulated before a judgment, are popular as preliminary injunctions that may be punished as disrespect alternatively conformed.
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in 2018, general motors (gm) announced that it would reduce employment by 14,000 workers. a. what does this decision reveal about how gm viewed its marginal revenue product (mrp) and marginal resource cost (mrc)?
The marginal resource value is greater than the marginal revenue product.
In different words, the price of using the employees was greater than the sales generated through the employees' output.
Marginal sales product (MRP), additionally called the marginal price product, is the marginal sales created because of an addition of 1 unit of useful resource. The marginal sales product is determined by multiplying the marginal bodily product (MPP) of the resource by the marginal sales (MR) generated.
The marginal revenue product (MRP) show that the economic price of the extra output generated through using the 21,000 employees.
The marginal useful resource cost (MRC) is the extra cost of using the 21,000 employees.
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Omark for review
question 4 of 40
4. which is considered a nonjudgmental statement when stopping alcohol service to a guest?
o "i cannot serve you more alcohol because you have had enough."
o "i'm pretty sure you won't be able to drive home, so i'm not serving you any more drinks."
o "you seem pretty intoxicated, and i feel that you have had enough to drink tonight."
o "i'm sorry, but to serve you more alcohol is against the law."
"i'm pretty sure you won't be able to drive home, so i'm not serving you any more drinks." is considered a nonjudgmental - statement.
What is nonjudgmental ?Nonjudgmental language is a style of communication that encourages others to share their experiences. Nonjudgmental language is defined as using words that do not cast a negative light on what the person is saying. It is using more neutral and non-judgmental words to express that you are hearing the person rather than judging what they say, rather than using words like "good," "bad," "right," or "wrong."Speaking in judgement can end a conversation, whereas non-judgmental language allows someone in need to be more vulnerable and share more, giving you a better understanding of their situation and allowing you to offer help and show you care.When we are attempting to assist and support someone, using non-judgmental language shows that we are open to and focused on what they are saying, and that we are not disapproving or critical of them.To learn more about nonjudgmental refer :
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symmetrical inc. maintains a periodic inventory system. on january 1 the inventory balance was $65,000. the physical inventory count on december 31 resulted in an ending inventory balance of $78,000. the company reported purchases of $390,000, freight charges on purchases of $20,800, and purchase returns of $2,600. what should the company report as cost of goods sold for the year?
symmetrical inc. maintains a periodic inventory system. on january 1 the inventory balance was $65,000. the company report as cost of goods sold for the year is $395,200.
Net purchases equals purchase plus freight minus purchase returns, which comes to $39,0000+ $20,800- + 2,600, or $40,8200.
Cost of goods sold is calculated as follows: $ 65,000 + $ 408200 - $ 78000, which equates to a percentage of 395200. The cost of the goods sold was $395200.
The amount owed on an account is represented by the balance. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account during a given financial period. An organization of people, whether natural, legal, or a combination of the two, with a specific goal is represented by a company, abbreviated as co. Members of the company collaborate to accomplish clearly stated objectives.
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what is the future value in 10 years of $1,500 payments received at the end of each year for the next 10 years? assume an interest rate of 8%.
The future value of the investment is $193278 The worth of a current asset at a future date based on an estimated rate of growth is known as future value (FV).
Find the future value ?The worth of a current asset at a future date based on an estimated rate of growth is known as future value (FV).Investors and financial planners care about future value because it helps them predict how much an investment made now will be worth in the future. The future value of a lump sum that is compounded can be determined using this formula:
FV = P (1 + r)^nm
FV = Future value
P = Present value = the value of the lump sum today = $1500
R = interest rate = APR / frequency of compounding = 8/12 = 0.6666
m = number of compounding = 12
N = number of years = 10
1500x (1 + 0.006666)^(12 x 10)
= 1500 x (1.006666)^120
= $193278
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job rotation systematically moves employees from one job to another, thereby increasing the number of different tasks an employee performs without increasing the complexity of any one job. a. true b. false
By often switching between jobs, job rotation increases the variety of tasks an employee undertakes without raising the complexity of any one job. The said statement construed to be true.
What is job rotation?Job rotation is the systematic switching of people between jobs within an organization to meet a variety of human resources goals, such as orienting new hires, training staff, etc.
Following are the merits that flow to organization by the help of job rotation:
Enhanced employee understanding of business operations.Thus if an organization do job rotation in ordinary course of business that will enlarge the scope of employee diversity and improve the ability of human resource.
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What do you call on the money given by the lender to the borrower that is expected to be paid back with interest?.
The initial amount borrowed in a loan is referred to as the principle. Interest is the fee paid for the right to borrow money.
What is principal amount?The principal amount is the total amount owed at any given time. When you have just taken out a loan, it is exactly your loan amount. The principal amount decreases as you pay EMIs, and when it reaches zero, your loan is closed.The principal of a loan determines how much interest you pay. The amount of your monthly loan instalments is applied to the accrued interest first and only then to the principle when you make a payment. The only method to lower the amount of interest that accrues each month is to reduce the loan's principal.The nominal value of the principle of a loan, bond, or other financial instrument is unaffected by inflation. Inflation does, however, reduce the principal's real worth.To learn more about principle refer :
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you are thinking of starting a tutoring service. you already have a part-time job on campus that pays $10 per hour. you think you can tutor fellow students for five hours each saturday at $25 per hour. if you were not tutoring, you could work another five hours at your campus job. how much economic surplus will you generate each week if you start tutoring?
The correct answer is $25.
Moreover, Income from working another five hours on Saturdays at campus job = $20 x 5 = $100. Income from taking tuition for for five hours each Saturday = $25 x 5 = $125. Economic surplus generated each week working as a teacher = $125 - $100 = $25. $10 spent to print flyers will not be considered here since it is a one time cost whereas we are talking about economic surplus pertaining to 'each week'.
Since this cost will not be incurred each week, it will be ignored here. Peter's economic surplus = Peter's willingness to pay - price Peter actually pays. Peter's economic surplus = $800 - $600. Peter's economic surplus = $200.
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The wealth effect, interest-rate effect, and exchange-rate effect are all explanations for.
The wealth effect, interest-rate effect, and exchange-rate effect are all explanations for the slope of the aggregate-demand curve.
What does the wealth effect describe?The wealth effect is used to explain the phenomenon whereby people tend to spend more money, when they have more assets. Simply put, when people have more spending capacity, they spend more.
This is similar to the interest - rate effect and the exchange - rate effect because they all show why the slope of the aggregate demand curve is downward sloping which is that when prices are lower, people tend to buy more.
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
which of the following is a major reason for disclosure of deferred income tax information? i. determining the amount of state and federal taxes payable. ii. better predictions of future cash flows. iii. better assessment of quality of earnings.
The major reason for the disclosure of deferred income tax information is better predictions of future cash flows. (option ii).
What is deferred income tax?Deferred income tax is a liability recognized on the balance sheet and arises from differences in revenue recognition between tax laws and a company's accounting policies. As a result, our income taxes payable may not represent the total tax expense reported.Your total tax expense for a given fiscal year may differ from your tax liability to the Internal Revenue Service (IRS). This is because the company defers payments due to different accounting rules.Deferred income tax is recognized as a liability on the balance sheet.Differences in depreciation methods used by the IRS and GAAP are the most common cause of deferred income taxes.Deferred income taxes can be classified as either current or non-current liabilities.To know more about deferred income refer to:
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Which of the steps in the non-linear, user-centered design thinking application development methodology helps designers and managers to set aside their own assumptions and feelings in order to see the situation as the person who will be the recipient of the final product?.
Since it enables design thinkers to put aside their personal worldviews and obtain genuine insight into users and their requirements, empathy is essential to problem resolution and a human-centered design process.
How design thinking is a non-linear process?Teams employ design thinking, a non-linear, iterative approach, to comprehend users, question presumptions, reframe challenges, and develop original solutions for prototyping and testing.This method, which entails five steps (Empathize, Define, Ideate, Prototype, and Test), is particularly beneficial when used to problems that are unclear or unidentified.Since it enables design thinkers to put aside their personal worldviews and obtain genuine insight into users and their requirements, empathy is essential to problem resolution and a human-centered design process.To learn more about Empathy refer,
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An interconnected system of approaches for meeting the goal of
retailing, which is to provide customers with the merchandise and
services they want - when, where and how they want to experience
and purchase them.
O omni channel
O multichannel
O retail ecosystem
O retail reimagined
Answer:boombacits made me feel fanstic l
Explanation:
yes
the process of might be used to determine the value of the smoothing constant that minimizes the mean squared error.
The mean squared error minimization smoothing constant's value can be found using a nonlinear optimization process.
Although the linear programming model is effective in many nonlinear optimization circumstances, it is insufficient to accurately model some issues. An illustration would be the isoperimetric problem, which asks you to identify the closed plane curve with the maximum area and a minimization given length. Pappus of Alexandria had access to the solution but not the proof. 340 CE.
The Swiss mathematician Johann Bernoulli challenged himself in 1696 to find the curve that minimizes the time it takes an object to slide, using minimization only the force of gravity, between two nonvertical points. This challenge marked the beginning of the branch of mathematics known as the nonlinear optimization calculus of variations. Along with Johann Bernoulli, the correct answers were also provided by his brother Jakob Bernoulli, the German Gottfried Wilhelm Leibniz, and the Englishman Isaac Newton. (The solution is the brachistochrone.) Many nonlinear algorithms, in particular, heavily rely on Newton's method of solving the problem.
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seed money is a type of financing appropriate for a company in what stage of development? growth introduction decline maturity
Seed money is a type of financing appropriate for a company in the product development stage of development.
A period of development in which a particular ability, characteristic, or behavior appears. Therefore, investors in companies in the development stage must be risk-sensitive and often seek to reduce risk through diversification.
It provides children with the opportunities and skills they need to function and survive in society and the world. Children with strong emotional development are more likely to handle things that are wrong or cause difficulties. Childhood is a critical period for emotional development.Learn more about the product development stage here: https://brainly.com/question/13926448
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New york theater purchased the copyright of a famous play for $42,000. The remaining legal life of the copyright was 62 years, but the estimated useful life was 15 years. If the new york theater uses straight-line amortization, how much of the cost of the copyright should they amortize each year?.
The annual cost of the copyright if they amortize it is $2800.
Explain about the Amortization?
Copyrights are amortized over their anticipated useful life, even though they have a limited lifespan of 70 years after the author's passing.
Amortization is crucial since it aids in the understanding and long-term forecasting of costs for organisations and investors. A amortisation schedule clarifies how much of a loan payment is made up of principal versus interest in the context of loan repayment.
25 years is the typical amortisation period. However, if you have at least a 20% down payment, you can extend it up to 30 years, and occasionally even longer. There are various options for shorter amortisations. You gain from them by accelerating the growth of your home equity.
$42,000/15 =$2800.
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A summary of all the financial data in the account ledgers that ensures the figures are correct and balanced is called.
A summary of all the financial data in the account ledgers that ensures the figures are correct and balanced is called trial balance.
What is included in a trial balance?It all depends. Companies can use trial balances to keep track of their financial position, so they may prepare various types of trial balances throughout the fiscal year. All major accounting items, such as assets, liabilities, equity, profits, expenses, gains, and losses, may be included in a trial balance.
A trial balance is a summary of all financial records in the account ledgers that ensures the figures are accurate and balanced. If the data in the account ledgers is incorrect, the bookkeeper must correct it before trying to prepare the firm's financial statements.
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Which ncaa men’s basketball official team account tops the social media interactions rankings as of september 2022?.
Connecticut NCAA men’s basketball official team account tops the social media interactions rankings as of september 2022.
The National Collegiate Athletic Association is a nonprofit agency that regulates scholar athletics amongst approximately 1,one hundred faculties inside the u.s., Canada, and Puerto Rico.The NCAA is the governing body of many intercollegiate sports. each college regulated by way of the NCAA has mounted guidelines on eligibility, recruiting, and economic useful resource and falls into one of the 3 club divisions (Divisions I, II, and III).
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