Unless you have a tag on the cover that tells you what is in it, You can put a mark on both rear tires and the driveshaft. Turn both rear tires 1 full turn and count the turns of the driveshaft. That will clue you in on the ratio.
As far as what ratio would be best, That depends on the use, tire size and Hp. You should check some tire/gear charts and go by that.