6) Nira Nuff pays $300 in income taxes and $200 in Social Security / Medicare contributions. Her gross monthly salary is $2,800. She contributes $50 per month to a Roth IRA. She pays $250 for a car loan, $80 for a student loan, and $100 to her credit card. What is Nira's debt payments-to-income ratio? Is she above the recommended ratio? (See slide #31. Don't try to do it without studying slide #311) 7) Doug M. Upp records the following assets: (Auto $12,000), (Furniture $2,500), (Misc $4,400), (Cash $2,000). He has the following debts: (Auto loan $13,000), (Student loan $5,000), (Credit card debt $6,000). What is Doug's debt-to-equity ratio? Is he above the recommended ratio? Do you have any advice for Doug? (See slide # 33. If you don't study slide #33, you are going to make us all look bad! And we can't have that? Oh, no!) 8) Create your personal Debt Payments-to-Income Ratio. Consult your cash flow statement for the numeric information. Attach a separate sheet if necessary. (Again, please consult slide #31. Hint: If you have no debt payments, then your ratio is zero. $0 divided by any income -0%. Note that we only use mandatory debt payments in the debt payments-to-income ratio, We do not use optional payments such as telephone or Internet or insurance payments.)