SEC Financial Reporting
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Questions and Answers

What percentage of total company sales do emerging markets represent?

  • 35 percent (correct)
  • 45 percent
  • 55 percent
  • 25 percent

In which year did Abbott initiate a voluntary recall of certain infant powder formula products?

  • 2023
  • 2020
  • 2022 (correct)
  • 2021

What was the increase in sales in emerging markets in 2021, excluding the impact of foreign exchange?

  • 12.6 percent
  • 19.6 percent (correct)
  • 20.6 percent
  • 10.6 percent

What was the reason for stopping production at the Sturgis facility?

<p>Voluntary recall of certain infant powder formula products (D)</p> Signup and view all the answers

What is the name of the metabolic formula produced by Abbott?

<p>EleCare (D)</p> Signup and view all the answers

What was the impact of the COVID-19 pandemic on Abbott's sales?

<p>It had a slight negative impact (A)</p> Signup and view all the answers

What is the name of the agency with which Abbott entered into a consent decree?

<p>U.S. Food and Drug Administration (FDA) (D)</p> Signup and view all the answers

When did Abbott restart partial production at the Sturgis facility?

<p>July 1, 2022 (B)</p> Signup and view all the answers

What was the impact of the recall on the supply of formula in the U.S.?

<p>It had a significant impact (D)</p> Signup and view all the answers

What was the increase in sales in emerging markets in 2022, excluding the impact of foreign exchange?

<p>5.6 percent (A)</p> Signup and view all the answers

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