New licenses are not automatically issued for name and/or address changes. To receive a license with your new name and/or address, you must submit $10.00 per license with your request. Duplicate licenses can be paid for online at www.michigan.gov/elicense.
Gearing ratio indicates the extent to which debt financing is used relative to the total capital employed. 8 million, with the equity ratio standing at 40%, up from 35%, and the gearing ratio at 36%, up from 29%.
Planetary gears solve the following problem. Let's say you want a gear ratio of 6:1. One way to create that ratio is with the following three-gear train: In this train, the red gear has three times the diameter of the yellow gear, and the blue gear has two times the diameter of the red gear (giving a 6:1 ratio).