As a result of analytical procedures, the independent auditors determine that the gross profit percentage has declined from $30\%$ in the preceding year to $20\%$ in the current year. The auditors should:

Express and opinion that is qualified due to the inability of the client company to continue as a going concern.

Evaluate management$$s performance in causing this decline.

Require note disclosure.

Consider the possibility of a misstatement in the financial statements.