You would like to have $30,000 in 10 years. If you receive interest at the rate of 5.35% per year how much would you have to invest now to achieve your goal? $2,346 0 $17,815 $23,470 $30,000 Which of the following statements concerning accounting documents is (are) true? 1. Balance sheets report assets and liabilities for a period of time, typically 3 months (quarterly) or 12 month (yearly). II. Accounts Receivable are amounts owed to a company; these amounts are considered assets. I only III only Both I and II Neither I nor II Which of the following is not a part of a utility Regulatory compact? The utility must serve all customers within its territory. The utility area of operation is protected so that no other companies can provide competition within that area. The utility company obtains the right to determine prices for the commodity that it supplies. The utility must adopt service standards imposed by the governing Utilities Commission