What mode of transportation is limited to specialized products such as liquids and gases?.

Answers

Answer 1

Transporting liquids including oil, water, chemicals, and liquefied gases requires the usage of tanker trucks.

Quiz: Which mode of transportation is restricted to specialist goods like liquids and gases?

Pipelines: very specialized and only used for slurry-like liquids, gases, and solids. There is no need for packing, and the cost per mile is inexpensive.

Which kind of transportation is responsible for the most product movement?

The supply chain's most popular method for moving products is by far trucks. The American transportation system transfers more than 50 million tons of freight, worth more than $50 billion, every day on average. Whereas other modes of transportation cannot, trucks can.

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Related Questions

Journal entries record activities from what?

Answers

Answer:

financial transactions coming in and out of your business

Explanation:brainliest?

after a grueling flight, your plane lands in tokyo. starving, you stop at the first sushi bar you see and spend 5,800 japanese yen. your currency from an earlier stop in germany is still in euros. how many euros did you spend? assume the dollar per yen exchange rate is .00806 and the dollar per euro exchange rate is .9203.

Answers

Assuming the dollar per yen exchange rate is .00806 and the dollar per euro exchange rate is .9203 the euros spend is 50.80.

Yen per euro

=.9203/.00806

=114.1811

Euros spend

=5800/114.1811

=50.80

The euro is the sole cash of 19 EU part states Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The U.S. dollar for the most part reinforced against the euro in 2020 and 2021. This strength makes European imports generally more affordable in the U.S. To whatever extent May 2022, the Euro rose to 1.07 USD, which actually implied that the Euro was more grounded, however by scarcely a little. Today, in July 2022, 1 Euro = 1.01 USD, implying that the USD is getting up to speed. The Euro, over the long haul, has major areas of strength for stays it is set by approaches of the European National Bank.

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some economists argue that well-functioning capital markets that allow funds to move from those who have but do not need funds to those who need but do not have funds, are essential for rapid economic growth. well-functioning capital markets are an example of:

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Providing assistance to those in need who lack the means to pay is crucial for quick economic expansion. An example of an institution that supports growth is a functional capital market.

What is a capital market that is operating effectively?

We work on these fundamental elements of capital market development because they are necessary for the development of effective capital markets. These elements include an enabling regulation and policy framework, as well as the coordination of a strong legal regime with institutional capacity.

What advantages does a sound financial system provide?

The advantages, on the other hand, are linked to three aspects of improved financial stability: a decreased likelihood of a future crisis, a decrease in predicted losses, and a reduction in societal costs.

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walmart and the home depot emphasize consistently low prices rather than periodic discounts with a retail pricing strategy called

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Walmart and Home Depot emphasize consistently low prices and eliminate most of the markdowns with strategy called everyday low pricing.

What is everyday low price?

Everyday low price is a pricing strategy that assures customers of a cheap price all the time without forcing them to wait for discount price occasions or comparison shop. In addition to saving retail businesses the time and money required to mark down prices during sales, EDLP is also thought to increase customer loyalty. An EDLP retailer's price will typically fall between a high-low retailer's discounted price and its non-discounted price. It is typical for rival shops to divide the market into segments using various pricing heuristics. The segments are made up of two distinct groups of consumers with various buying habits for both final purchases and pre-purchase research. They are prepared to conduct research to find discounts and to stockpile goods when deals are available.

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list the pre-order, in-order, post-order traversals of the following tree. pre-order traversal: in-order traversal: post-order traversal:

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You move from the left subtree to the root, then to the right subtree when using IN order. You move from the root to the left subtree for Preorder before moving to the right subtree.

When using IN order, you go from the left subtree to the root, then to the right subtree. Before traveling to the right subtree, you move from the root to the left subtree for Preorder. You move from the left subtree to the right subtree and then to the root in Post order. A binary tree with nodes is a binary search tree. Every node has a key that denotes its value.

The root node's value is greater than that of the nodes on the left subtree. Additionally, the root node's value is less than that of the nodes on the right subtree. The parent node of both subtrees is the root node.

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how do financial analysts use the monte carlo simulation or other models to help them evaluate an investment or project?

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The probability of various outcomes in a process that cannot be easily anticipated due to the interference of random factors is modelled using Monte Carlo simulations.

The probability of various outcomes in a process that cannot be easily anticipated due to the interference of random factors is modelled using Monte Carlo simulations. It is a method for comprehending how risk and uncertainty affect forecasting and prediction models. a.k.a. simulation of probability. Since chance and random results are essential to the modeling technique, just as they are to games like roulette, dice, and slot machines, Monte Carlo simulations are called after the famous gambling district in Monaco.

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deciding on the global marketing program is the​ step of the global marketing process. question content area bottom part 1 a. first b. fifth c. fourth d. third e. second

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Deciding on the global marketing program is the​  fifth step of the global marketing process.

What is global marketing?

Generally, A global marketing strategy (GMS) is a plan that spans nations from many different areas of the globe and strives to coordinate the marketing activities of a corporation in the marketplaces of these countries. This strategy may also be abbreviated as "GMS."

A GMS should not apply to every single country in the world, but it should be applicable in a number of different areas.

In order to achieve global goals, "global marketing" is described as "marketing on a worldwide scale that takes into account global operational differences, similarities, and possibilities."

Domestic, export, international, multinational, and global marketing are the five phases that make up the development of global marketing. These stages are distinguished from one another by the managerial orientations that they emphasize throughout their respective stages.

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Which unique feature of​ e-commerce is related to the ability to interact with web technology​ everywhere?.

Answers

Answer:

What are unique features of e-commerce?

The seven unique features are Ubiquity, Global Reach, Universal Standards, Richness, Interactivity, Information Density, and Personalization / Customization.

Explanation:

i would says its Information Density or global reach

one argument made in the video is that economic growth will enable china to grow its way out of debt. the analyst also mentioned other factors that could aid china. which items were mentioned as factors that could alleviate china's burden from its debt level? which were seen as problems for china managing its debt?

Answers

The analyst also mentioned other factors that could aid china. which items were mentioned as factors that could alleviate china's burden from its debt level:

Debt can be genuinely understood as the amount owed through the borrower to the lender. A debt is the amount of cash this is borrowed for a certain period of time and is to be return along side the interest. the quantity in addition to the approval of the debt relies upon upon the creditworthiness of the borrower.

Solution:-

The answer provided below has been developed in a clear step-by-step manner.

Step: 1

1. Higher incomes

Higher incomes would enable the China to accumulate more resources that it can utilize to pay back the debt that it incurs for economic development.

So, higher incomes would make the debt more manageable.

2. Inflation

Inflation would compel the households in China to use greater proportion of their income for consumption purpose so as to maintain their current standard of living. This would result in a decrease in savings of households in China and would reduce the amount available in future to China to pay back the debt.

So, inflation would make debt less manageable.

3. Higher interest rate

Interest rate acts as the cost of servicing debt.

Higher interest rate implies an increase in cost of servicing debt.

As cost of servicing debt would increase, country has to divert resources from other uses to service the debt and, thus, projects of development would suffer resulting in fewer resources being available in future to service the debt.

So, higher interest rates would make debt less manageable.

4. High savings rate

High savings rate implies that households are saving a greater proportion of their income.

This higher saving would enable the China to accumulate sufficient resources to pay back the debt with ease.

So, high savings rate would make debt more manageable.

5. Current account surplus

Current account surplus implies that income earned through exports is greater than the payments made for imports.

So, in net sense, current account surplus indicates an inflow of income into the country.

This inflow would enable the China to accumulate resources that it can use to payback its debt.

So, current account surplus makes debt more manageable.

6. Non-performing loans

Non-performing loans results in wastage of precious resources of the country and also results in diversion of resources from efficient to inefficient uses.

Such wastage and inefficient use of resources as represented by the non-performing loans reduces the resources available to the country to service its debt.

So, non-performing loans make debt less manageable.

Explanation:Please refer to solution in this step.

Answer:

Following is the complete table -

Makes debt more manageable

Makes debt less manageable

Higher incomes

Inflation

High savings rate

Higher interest rates

Current account surplus

non-performing loans

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what kind of company is most likely to follow a strict residual distribution policy? all companies a firm whose earnings are cyclical and follow the economy a firm with stable, predictable earnings and investment a firm whose investment needs change often

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A firm with stable, predictable earnings and investment kind of company is most likely to follow a strict residual distribution policy.

Investment is the willpower of cash to buy of an asset to acquire an increase in price over a period of time. investment requires a sacrifice of some present asset, together with time, money, or effort. In finance, the purpose of investing is to generate a go back from the invested asset.

Funding is an asset or object obtained with the intention of generating income or appreciation. Appreciation refers to a growth inside the price of an asset over time. when individual purchases a good as funding, the intent isn't always to devour the good but as an alternative to using it inside the future to create wealth

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the crowding-out effect of expansionary fiscal policy suggests that: group of answer choices private investment increases at the expense of government spending. government spending increases at the expense of private investment. saving increases at the expense of investment. imports replace domestic production.

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The crowding-out effect of expansionary fiscal policy suggests that government spending increases at the expense of private investment.

Government is the system or group of people that run an organized community, usually a state. In the case of its broad association definition, government usually includes the legislative, executive, and judicial branches.

Government is the vehicle by which an organization's policies are enforced, as well as a mechanism for policy determination. In many countries, government has some sort of constitution, which states its guiding principles and philosophy. The main types of political systems in the modern era are democracy, monarchy, and authoritarian and totalitarian regimes.

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In a situation where a car salesman is selling cars on behalf of the dealer, the salesman is the a. Principal b. Agent c. Both of the above c. None of the above

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In a situation where a car salesman is selling cars on behalf of the dealer, the salesman is the Principal


In a principal-agent relationship, one entity formally designates another to act on its behalf. When there is a principle-agent connection, the agent represents the principal and shouldn't have any competing interests when performing the act. The law of agency defines rules for a connection known as "agency," which is the relationship between the principle and the agent.

To the extent that the principal gives reasonable instructions, the agent is accountable for carrying out the responsibilities assigned by the principal. The agent also has a duty to avoid doing anything to purposefully hurt the principal.

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sean barber wants to invest in a stock that is relatively safe and is generally attractive to conservative investors. what type of stock best fits sean's requirements?

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Blue-chip stock best fits Sean's requirements.

A big, well-known corporation is considered a blue chip stock. These are often large and  established financially strong businesses that have been around for a while, have consistent earnings and frequently distribute dividends to investors. A blue chip stock often has a market valuation of billions, is frequently a household name, and is either the market leader or one of the top three corporations in its industry. Blue chip stocks are most often purchased by investors due to all of these factors. Blue chip equities include companies like IBM Corp. and Coca-Cola Co. Even though a stock may not always pay dividends to be deemed a blue chip, the majority of blue chips have a history of doing so.

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Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =

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Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 = 500

Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. the value of each share if you calculate it as $1,000,000/2,000 = 500.

What is an initial public offering?

An initial public offering (IPO) is the procedure of releasing fresh shares of stock to the public for the first time in a private firm. A corporation can raise equity funding from the general public through an IPO.

Since there is typically a share premium for current private investors, the transition from a private to a public company can be a crucial time for private investors to fully realize gains from their investment. Additionally, it enables public investors to take part in the offering.

An organization is regarded as private before an IPO. The firm has expanded with a very small number of owners as a pre-IPO private company, comprising early investors like the founders, family, and friends as well as qualified investors like venture capitalists or angel investors.

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how can a call center facility manager help manage the business continuity risk associated with weak, infrequent earthquakes?

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A call center is situated in an area where weak, infrequent earthquakes have historically occurred. What steps can be taken by the facility management to control this risk to ensure business continuity.

How can the facilities manager handle this risk to maintain business operations?

Equipment and temporary workspace security for call center staff. -Suggest providing home office supplies for each employee. - Join a system that provides earthquake early warning.

Why is risk management necessary and what does it entail?

Identifying, analyzing, evaluating, addressing, monitoring, and communicating risks connected with any activity, function, or process is all part of risk management, which is a logical and methodical approach that enables organizations to minimize losses and maximize opportunities.

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the rate of return a company must earn to meet the demands of its lenders and expectations of its equity holders is called

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The demands of its lenders and expectations of its equity holders is called capital cost required rate of return for a corporation is determined by averaging the rates it must provide to its lenders and investors. Capital costs.

The required return that a person or individual who provides capital for a business's start-up is expecting to receive, or the return that an investor is anticipating for investing in a business, can be characterised as the cost of capital. The estimated rate of return that a business or organisation must give to its lenders and investors is therefore known as the cost of capital.The shares that are issued to a company's founder when they relinquish control of it as part of the purchase agreement provided by the business that acquires it are known as founder's shares.

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42. in activity-based costing, what would you call the cost of the materials, paint, screws, and labor all needed to produce a product? cost driver mixed costs activity costs cost pool

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the cost of the materials, paint, screws, and labor all needed to produce a product is called a cost pool.

Using the activity-based costing (ABC) method, overhead and indirect expenses are allocated to linked goods and services. In contrast to conventional costing techniques, this accounting method of costing acknowledges the connection between costs, overhead activities, and manufactured goods, allocating indirect costs to products less randomly. However, some indirect expenditures, such the salary of the management and office personnel, are challenging to relate to a specific product. Activity-based costing (ABC) is mostly employed in the manufacturing sector since it improves the accuracy of cost data, resulting in almost actual costs and a better classification of the costs a company incurs throughout production.

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If bonds are issued at a discount, the issuing corporation will pay a principal amount less than the face amount of the bonds on the maturity date.
false

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If bonds are issued at a discount, the issuing corporation will pay a principal amount less than the face amount of the bonds on the maturity date. FALSE

A corporation is an business enterprise—normally a set of people or a organisation—authorized through the country to behave as a single entity and recognized as such in law for certain purposes. Early included entities had been set up by way of constitution. most jurisdictions now permit the creation of latest organizations thru registration.

Below the law, businesses possess a few of the identical rights and responsibilities as people. they are able to enter contracts, mortgage and borrow money, sue and be sued, hire personnel, very own belongings, and pay taxes.

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bird wing bedding can lease an asset for 4 years with payments of $19,000 due at the beginning of the year. the firm can borrow at a 9% rate and pays a 25% federal-plus-state tax rate. the lease qualifies as a tax-oriented lease. what is the cost of leasing? do not round intermediate calculations. round your answer to the nearest dollar.

Answers

Bird wing bedding can lease an asset for 4 years with payments of $19,000 due at the beginning of the year: Cost of leasing is $ 56,234.47

A lease is a contractual arrangement calling for the person to pay the proprietor for using an asset. belongings, buildings and automobiles are common assets which might be leased. industrial or enterprise system also are leased. basically a hire settlement is a settlement between two parties: the lessor and the lessee.

Cost of leasing is the present value of after tax cost of lease.                      

After tax cost of lease                      = Lease expesne *(1- Tax rate)        

                                                      = 20000*(1-0.25)          

                                                      =  $ 15,000.00

                         

Present value of annuity of 1              = ((1-(1+i)^-n)/i)*(1+i) Where,        

= ((1-(1+0.045)^-4)/0.045)*(1+0.045) i = 6%*(1-0.25) =0.045

= 3.74896435                           n                     = 4            

Present value of lease                     =Annual after tax lease payment

*Present Value of annuity of 1  

 

=$ 15,000.00 *3.748964        

= $ 56,234.47  

   

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Homeowners insurance costs are ______ in states that are more susceptible to hurricanes, floods or tornadoes.

Answers

Homeowners insurance costs are higher in the states that are more susceptible to hurricanes, floods or tornadoes.

What is insurance?

As a means of financial loss protection, a party agrees to guarantee another party reimbursement in the case of a certain loss, damage, or injury in exchange for a fee. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialize. Underwriters, insurers, insurance businesses, or carriers are all terms for companies that provide insurance. A person or organization that obtains insurance is known as a policyholder, whereas a person or organization that the policy protects is known as an insured. Policyholder and insured are sometimes used synonymously but not necessarily because coverage may occasionally extend to additional insureds who did not purchase the insurance.

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Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store's operations follow:
Sales are budgeted at $350,000 for November, $330,000 for December, and $320,000 for January.
Collections are expected to be 45% in the month of sale and 55% in the month following the sale.
The cost of goods sold is 75% of sales.
The company would like to maintain ending merchandise inventories equal to 80% of the next month's cost of goods sold. Payment for merchandise is made in the month following the purchase.
Other monthly expenses to be paid in cash are $24,100.
Monthly depreciation is $15,100.
Ignore taxes.
Balance Sheet
October 31
Assets Cash $ 20,100
Accounts receivable 70,100
Merchandise inventory 210,000
Property, plant and equipment, net of $572,100 accumulated depreciation 1,094,100
Total assets $ 1,394,300
Liabilities and Stockholders' Equity Accounts payable $ 254,100
Common stock 820,100
Retained earnings 320,100
Total liabilities and stockholders' equity $ 1,394,300
December cash disbursements for merchandise purchases would be:
Multiple Choice
$241,500
$247,500
$192,000

Answers

The December cash disbursements for merchandise purchases would be $241,500

In simple terms, charges mean fee. In accounting phrases, fee is the operational fee that is paid to earn business sales. It approach the outflow of coins in go back for goods or services. charges also can be written because the sum of all the operations that generally convey income.

Depreciation can be defined as a persevering with, permanent and slow lower in the book fee of fixed property. This form of shrinkage is based totally at the fee of belongings utilised in a firm and not on its market fee.

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as reported in the wall street journal, the ceo of pilgrim's pride corp., one of the nation's biggest chicken producers, and three others were indicted for allegedly conspiring to decide how much they would charge for chicken sold to restaurants and grocery stores. this is an example of .

Answers

One of the major chicken producers in the country and three other people were charged with colluding to select how much to cost for chicken sold at grocery stores. Price fixing is demonstrated here.

Price fixing: what is it but why is it terrible?

By tampering with the free marketplace's capacity to keep prices low, price-fixing agreements limit consumers' surplus because they make it harder for businesses to respond quickly and freely to one someone else's price changes.

Why do firms fix prices?

Pricing practices provide businesses the power to avoid market competition. Instead of competing in a market that is highly competitive, producers find it easier and more lucrative to band together and fix pricing. It victimizes customers and lessens the pressure on businesses to maintain competitive prices.

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how are the coupon rate and yield to maturity expressed? as a 6-month period rate as an effective annual rate (ear) as an apr that is equal to the ear as an annual percentage rate (apr)

Answers

yield to maturity (YTM) is typically expressed as an annual percentage rate (APR) and The coupon rate is stated as an annual percentage rate based on the bond's par, or face value.

If a bond's purchase price is equal to its par value, its coupon rate and yield to maturity are identical. A bond's face value, also known as the stated value of the bond at the time of issuance, as established by the issuing company, is its par value. Par values for most bonds are $100 or $1,000.

However, a bond's market price is unrelated to its par value. In contrast, a bond's market or selling price is affected by a number of variables in addition to its par value. These variables include the coupon rate, the bond's maturity date, the current interest rate environment, and the accessibility of bonds with higher yields.

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John has an adjustable life insurance policy and he decides that he no longer needs the large
amount of coverage he has. Therefore, as John’s coverage decreases, his premiums:
Are increased
Are stopped
Remain constant
Are reduced

Answers

An adjustable life insurance policy's premiums get cheaper over time, and the cash value grows on its own. As a result, you are essentially earning money invisibly that will eventually be applied to your death benefit.

What exactly is life insurance with variable premiums?

A cross between term and whole life insurance, adjustable life insurance gives policyholders the flexibility to change the terms of their coverage, such as the length of the protection period, the face value, the premiums, and the frequency of premium payments.

How does a life insurance coverage that is changeable operate?

Permanent life insurance comes in the form of adjustable life insurance. As long as payments are paid, adjustable life insurance, unlike term insurance, remains in force during your entire lifetime. The cash value amount, premium payments, and even the death benefit can normally be be changed by policyholders.

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which two purposes does this paragraph serve? to point out that entrepreneurs in business are people of courage and determinination to explain why entrepreneurial enterprises in business are often unsuccessful to warn against wastefulness in business that characterizes a free market system to inform that technical and economic growth primarily stem from small business enterprises to describe how college students can successfully start a small business enterprise

Answers

This line has two purposes: first, it emphasizes the daring and tenacity of business owners, and second, it informs readers that small businesses are largely responsible for technological and economic growth.

Why does the economy growth?

The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Statisticians typically use the real gross domestic product growth rate in percent terms to assess such growth. This is the average change over the previous four quarters, or annual average growth rate.

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_____ has been associated with decreased job satisfaction, increase anxiety and stress, Increased turnover, and reduced productivity.
Ethical Leadership
contractual leadership
organizational politics
law of reciprocity

Answers

Organizational politics has been associated with decreased job satisfaction, increase anxiety and stress, Increased turnover, and reduced productivity.

Productivity is the efficiency of manufacturing products or services expressed to some degree. Measurements of productiveness are regularly expressed as a ratio of an aggregate output to a single enter or an aggregate input used in a manufacturing system, i.e. output consistent with a unit of entering, generally over a selected time frame.

Productiveness is commonly described as a ratio between the output quantity and the number of inputs. In other phrases, it measures how successfully production inputs, such as labour and capital, are being utilized in an economy to provide a given degree of output.

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suppose you're a salesperson for an industrial machine manufacturer. how can you demonstrate to your customers your commitment to building mutually satisfying long-term relationships?

Answers

Regularly check in with your customers, and pay close attention after they've placed an order.

If the unhappy client suggests a workable course of action to fix the issue, what should a salesperson do next?

when the client and the salesperson have reached an agreement on how to handle the complaint, then  Before putting the solution into action, make sure the consumer has reasonable expectations.

What is the most effective technique to address a client complaint?

Here is the procedure advised by experts when handling consumer concerns.

1. Read or listen to the customer's complaint.

2. Think about the criticism for a second.

3. Choose the course of action you'll use to solve the issue.

5. Express regret and clarify that you realize the problem.

4. Thank the client for their comments.

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an investment of $75 generates after-tax cash flows of $50 in year 1, $80 in year 2, and $120 in year 3. the required rate of return is 20 percent. the net present value is closest to

Answers

The net present value of the investment is closest to $91.67

What is the net present value?

The net present value is a capital budgeting method that is used to determine the present value of after-tax cash flows from an investment less the amount invested.

When using the net present value, only projects that have a positive net present value are profitable.

The net present value = -amount invested + sum of discounted cash flows

The net present value = -75 + 50/1.20 + 80/1.20² + 120/1.20³ = $91.67

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outstanding debt of home depot trades with a yield to maturity of 8%. the tax rate of home depot is 30%. what is the effective cost of debt of home depot?

Answers

The tax rate for Home Depot is 30%, and its outstanding debt trades at an 8% yield to maturity. Home Depot's effective cost of debt will be 5.60%.

Debt is an obligation that obliges a debtor party to pay to another party a creditor a sum of money or some other agreed-upon value. Debt differs from an immediate purchase in that it requires a deferred payment or a series of payments. Debt can be owed by a sovereign state or country, a local government, a company or an individual.

The amount and timing of repayment of principal and interest on commercial debt are usually governed by the terms of the contract. Debt comes in many forms, including loans, bonds, notes, and mortgages. Debt is a type of financial transaction in financial accounting, as opposed to equity. The phrase can also refer to moral obligations and other interactions that have no monetary value in a metaphorical sense.

Hence the correct option is D.

The following question is incomplete, the complete question is-

Outstanding debt of Home Depot trades with a yield to maturity of 8%. The tax rate of Home Depot is 30%. What is the effective cost of debt of Home Depot?

A) 5.88%

B) 8%

C) 6.44%

D) 5.60%

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your portfolio has 20% invested in stock a and 80% invested in stock b. stock a has an expected return of 10% and a volatility of 15%. stock b has an expected return of 12% and volatility of 25%. the correlation between stock a and b is 0.3. what is the variance of your portfolio return?

Answers

Your portfolio of investment is: 20% stock A and 80% stock B. The portfolio variance of return is 0.0445

Portfolio variance is a risk assessment that describes how the aggregate actual returns of a portfolio's assets fluctuate over time.

Formula for the portfolio variance is:

Portfolio variance = w₁²σ₁² + w₂²σ₂² + 2w₁w₂Cov₁₂

Where:

w = weight of each asset

σ = standard deviation or volatility of each asset

Cov₁₂ = covariance between two assets.

Cov₁₂ = σ₁σ₂ x Corr₁₂

Parameters given in the problem:

w₁ = 20%

w₂ = 80%

σ₁ = 15%

σ₂ = 25%

Corr₁₂  = 0.3

Compute the covariance:

Cov₁₂ =  15% x 25% x 0.3 = 0.01125

Hence,

Portfolio variance = 0.2² x 0.15² + 0.8² x 0.25² + 2 x 0.2 x 0.8 x 0.01125

                             = 0.0445

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