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Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answers to 2 decimal places. Omit

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Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answers to 2 decimal places. Omit the "\%" sign in your response.) Monthly mortgage payment =$2,450 Property taxes =$270 Heating costs =$185 Other housing costs =$140 Personal loan payment =$220 Car loan payment =$270 Credit card payment =$220 Gross monthly household income =$11,300 picture Click here for the Excel Data File

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