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 Ratios. The gear ratio is the ratio of the number of teeth on one gear to. the number of teeth on the other gear. Gear ratio = 40 to 8 or, simplifying, 5 to 1. That means it takes 5 revolutions of the smaller gear to get 1. revolution of the larger gear.