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%.
Shift ratio is the reciprocal of actuation ratio and is more easily expressed for derailleurs than actuation. There are currently several standards in use, and in each the product of the derailleur's actuation ratio and the length of cable pulled must equal the pitch of the rear sprockets.