Given the following information for Q-mart. calculate its cost of goods sold during the period.

Given the following Information, analyze '!NZ Company's liquidity. (Check all that apply.)
Year2013
Total quick assets $30,000
Total current assets $40,000
Total current liabilities $22,000
Acid-test ratio 1.36
Current ratio 1.82
Industry acid-test ratio .70
Industry current ratio 1.65


They don't have sufficient liquid assets to pay off short-term debt If needed.
They are less liquid than others In their Industry
They are more liquid than others In their Industry
They have sufficient quick assets to pay off short-term debt If needed. 


Given the following information for Q-mart. calculate its cost of goods sold during the period.
Beginning Inventory $35,000
Cost of goods purchased 100,000

Ending Inventory $40,000

$106,000
$95,000
$100,000
$175,000