The correct answer is D. All of these.
The cash flow diagram shows a series of cash flows over time. The first disbursement occurs at the end of year 2, the second disbursement occurs at the end of year 4, and the first receipt occurs at the end of year 1.
A disbursement is a payment made by a company. A receipt is a payment received by a company.
The cash flow diagram can be used to analyze the financial performance of a company. It can also be used to make decisions about future investments.
Here is a more detailed explanation of each option:
- Option A: The first disbursement occurs at the end of year 2. This is correct because the first disbursement is shown on the cash flow diagram as occurring at the end of year 2.
- Option B: The second disbursement occurs at the end of year 4. This is correct because the second disbursement is shown on the cash flow diagram as occurring at the end of year 4.
- Option C: The first receipt occurs at the end of year 1. This is correct because the first receipt is shown on the cash flow diagram as occurring at the end of year 1.
Therefore, the correct answer is D. All of these.