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Which of the following statements is true? (select all that apply) The FV as shown on a time line is always the cash flow at

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Which of the following statements is true? (select all that apply) The FV as shown on a time line is always the cash flow at Time = 1 Time lines typically show dollars below the line and years above the line Cash flows do not have to occur for every period shown on the time line. A lump sum cash flow can be depicted as easily as annuities on a time line Time lines can show cash flows that occur over years, quarters, or any other periods Time lines put verbal information into a diagram that is useful for seeing the cash flows that occur, when they occur, and the interest rate used in the analysis

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