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Given the following, calculate the GDS ratio. All income and expense items are annual. Gross income $48,000 Bank account $1,000 Net income $38,000 Property taxes

Given the following, calculate the GDS ratio. All income and expense items are annual. Gross income $48,000 Bank account $1,000 Net income $38,000 Property taxes $2,400 Heating $3,600 Annual car payment $4,200 Credit card balance $2,500 Car loan balance $10,000 Student loan payments $2,400 Mortgage payments $18,000.

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