Select from the option list provided whether each of the following items related to the going-concern issue is most closely related to a certain type of condition or event. Each choice may be used once, more than once, or not at all.

The 4 possible answer choices for all of them are:

A. Negative Trends

B. Financial Difficulties

C. Internal matters

D. External matters

Item Answer E !!!! !! !!! !!! !!! 1. The company has a large deficit in cash flows from operations. 2. A court has determined that a key manufacturing process infringes on another company's patent. 3. The company defaulted on bank loans and is trying to restructure the debts. 4. The company has reported operating losses for 5 consecutive years. 5. The company's normal attrition of employees significantly exceeds the supply of qualified applicants. 6. Key financial ratios of the company have been increasingly unfavorable for 3 consecutive years. 7. The company lost three major customers due to price competition. The decrease in sales revenue was 45% of expected total sales. 8. The company has not paid common stock dividends for 7 consecutive years. 9. The company disposed of substantial assets for cash. 10. According to recently issued government regulations, the company's operating processes need to be revised significantly. mi