Exercise 2 Directions: Read, observe and understand. Write your answer in a separ sheet of paper. A. Mr. Reyes has a fruit & vegetable stall at the market giving an average monthly income of P 25,000.00. He has 2 kids in elementary level studying in Public school. His wife a Public Teacher receives a salary of P 25,000.00 a month. She manages the finances and takes good care of the kids. Illustration below shows how his wife manages the budget. 3,550.00 Grocery.20% Education,25% 10,000.00 7,500.00 Cell Bi11.6% bllon 4,000.00 Electricity. 19% Clothing.8% Investments, 15% Miscellaneous,7% $9% 9,500.00 12,500.00 3,000.00 Follow-up questions:
1. Does the family income enough to sustain the needs of the family? Why?​