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Bryanwood Company reports the following data: Percentage Change from 2 0 2 2 to 2 0 2 3 Sales 1 1 % Cost of Goods

Bryanwood Company reports the following data:
Percentage Change from 2022 to 2023 Sales 11%
Cost of Goods Sold 7% Gross Profit 13% Operating Expenses -3%
Based on the above information, what can be said about the company's business strategy?

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