The balance sheets for Red Oak Inc. and Birch Co. reflect the following: Rod bak $ 16,000 0 Current assets Cash Short-term investments Accounts receivable Inventory Other Noncurrent assets Total assets Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $ 8,000 4,800 42.000 27,200 8,000 456.000 $546,000 $ 48,000 50,000 448.000 28,800 8,000 9,600 507.200 S569.600 S 48,000 368,000 153.600 $546,000 $569.600 Given the above information, if Red Oak sold some inventory at a price lower than its cost, A. Red Oak's current ratio would increase. B. Red Oak's quick ratio would increase. O Both A and B A only, OB only Neither Anor B