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 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. Negative trends Financial difficulties Internal matters External matters