SEC Financial Reporting

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10 Questions

What percentage of total company sales do emerging markets represent?

35 percent

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

2022

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

19.6 percent

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

Voluntary recall of certain infant powder formula products

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

EleCare

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

It had a slight negative impact

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

U.S. Food and Drug Administration (FDA)

When did Abbott restart partial production at the Sturgis facility?

July 1, 2022

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

It had a significant impact

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

5.6 percent

Test your knowledge of financial reporting requirements and disclosures as outlined by the US Securities and Exchange Commission (SEC). This quiz covers various aspects of financial reporting, including market risk disclosures, management's discussion and analysis, and financial statements.

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