29.The following transactions occurred last year at Jolly Corporation: Issuance of shares of the company's own common stock...$120,000 Dividends paid to the company's own shareholders. $1,000 Sale of long-tem investment. Interest paid to lenders.. Retirement of the company's own bonds payable... Proceeds from sale of the company's used equipment..... Purchase of property $7,000 $13,000 $8,000 .$170,000 Based solely on the above information, the net cash provided by financing activities for the year on the statement of cash flows would be: A. $179,000 B. $59,000 C. $(109,00) D. $46,000 30. Liquidity refers to how quickly an asset can be converted into cash. 31. The formula for the net profit margin percentage is: Net profit margin percentage Netincome +Sales 32. The gross margin percentage is computed by dividing sales by the gross margin. 33. The price-earnings ratio is determined by dividing market price per share of stock by the earnings per share. Feiler Corporation has total current assets of $483,000, total current liabilities of $347,000, 34. total stockholders' equity of $1,057,000, total net plant and equipment of $1,031,000, total assets of $1,514,000, and total liabilities of $457,000. The company's current ratio is closest to: A. 0.32 B. 0.30 C. 1.39 D. 0.95