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%.
1 If your differential has been removed so that you can see and count the teeth on the gears, you can divide the number of teeth on the ring gear by the number of teeth on the pinion gear to come up with their ratio. 2  For example, 41/10 gives you a 4.10:1 gear ratio (the most common stock ratio).