Flingen Inc. reveals the following information in its annual report for FY $2023$

Management plans to cut cost of goods sold by $6\mathrm{.}5\%$ for the upcoming year while retaining the same sales. What will Flingen's profit leverage effect be for

$2024?($Select the closest answer to your calculation of profit leverage$).$

$$10\mathrm{.}40$

$$11\mathrm{.}15$

$$13\mathrm{.}05$

$$7\mathrm{.}00$