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%.
Gear ratio on the other hand must be greater than 1 (always).Therefore Gear Ratio is defined as the ratio of velocity of pinion(small gear)to that of the bigger gear. In other words,It is the ratio of no. of teeth on the bigger gear to that on pinion.