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</p> Signup and view all the answers

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

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

    When did Abbott restart partial production at the Sturgis facility?

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

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